The Old Mutual Foundation, in partnership with the United Nations Development Programme (UNDP) Accelerator Lab, is thrilled to launch the second run of the highly anticipated Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED) in three new towns in Namibia. Following the remarkable impact achieved in Windhoek, Keetmanshoop, andContinue Reading
UNAM achieved a significant milestone in its commitment to sustainability and clean energy with the official launch of the Renewable Energy Generation Project. The project, implemented in collaboration with Inceptus Holding (Pty) Ltd., aims to provide sustainable, reliable, and cost-effective electricity to all 12 campuses of the University. The launchContinue Reading
Uranium exploration and development company Madison Minerals CEO Duane Parnham believes the Namibian Ministry of Mines and Energy’s (MME’s) recent approval for the transfer of two exclusive prospecting licences (EPLs) proves that fears surrounding the nationalisation of the country’s mining and exploration assets are unfounded. On June 6, the NamibianContinue Reading
Namibia is seeing a rise in seismic surveys, and by the end of the year, the government is planning to announcement a series of drilling projects that will take place during 2024, Petroleum Commissioner at the Ministry of Mines and Energy Maggy Shino has said. Speaking during a webinar onContinue Reading
In a concerted effort to bolster inclusivity for Namibian Micro, Small, and Medium Enterprises (MSMEs), the Namibia Investment Promotion and Development Board (NIPDB) has announced Swakopmund as the host town for the 2023 Know2Grow (K2G) NextGen Entrepreneurs Showcase 2023, designed to serve as a catalyst for growth and innovation, offeringContinue Reading
FlyNamibia, the country’s first privately-owned scheduled passenger airline, has announced the launch of its highly-anticipated new route connecting Eros Airport in Windhoek to the picturesque coastal town of Lüderitz. This exciting addition to FlyNamibia’s network was made possible through a new partnership with TotalEnergies EP Namibia, demonstrating once more theContinue Reading
TotalEnergies has won “Discovery of the Year” from Wood Mackenzie for its Venus find, offshore Namibia. “For the third time in our industry-leading survey, TotalEnergies has received the illustrious recognition of being named the most-admired explorer. I would like to congratulate the company’s long-standing head of exploration, Kevin McLachlan, andContinue Reading
ASX-listed Paladin Energy is on track for first uranium production from its re-started Langer Heinrich mine, in Namibia, by the first quarter of next year. The company said in a presentation on Wednesday that the A$118-million restart was over 50% complete, with the project tracking on budget. The project’s life-of-mineContinue Reading
Oil and gas exploration company ReconAfrica has provided an updated prospective resource estimate of 22.4 trillion cubic feet (tcf) of undiscovered gas initially-in-place for the Damara Fold Belt gas play, located in Namibia’s onshore Petroleum Exploration License (PEL) 73 in the Kavango Basin. Announced on 27 June, ReconAfrica engaged independentContinue Reading
By Stephen Baard The average person on the street has had a difficult year as central bankers continued to battle stubbornly high inflation. This has resulted in rising interest rates with no end in sight. Equally, we have had to deal with a weak currency that has provided no reliefContinue Reading
