Prime Minister Narendra Modi’s forthcoming visit to Namibia, the first since Namibian President Netumbo Nandi Ndaitwah assumed office, is a significant step towards renewing the bilateral ties and deepening economic engagement between both nations, the Ministry of External Affairs (MEA) said on Monday This will be the first visit ofContinue Reading
Namibia’s economy continues to chart a path of growth, but the drivers behind this expansion tell a story of contrasting fortunes across sectors. While the tertiary industries and government expenditure have emerged as the backbone of economic activity, primary sectors like agriculture and fishing are grappling with significant challenges, paintingContinue Reading
Africa’s premier energy event, African Energy Week (AEW) 2025: Invest in African Energies, will welcome Arne Jacobsen, CEO of international drilling contractor Northern Ocean, as a featured speaker. As operator of two of the world’s most advanced offshore drilling rigs, Northern Ocean’s participation is vital to discussions on Africa’s offshoreContinue Reading
International energy company 88 Energy has set its sights on Namibia’s untapped oil reserves, with new analysis revealing the country could hold multi-billion-barrel discoveries that would transform its economic landscape. The London and Australian-listed explorer is preparing for potential drilling in Namibia’s frontier basins by late 2027, capitalizing on theContinue Reading
In a bold move to address the country’s housing shortage and empower civil servants, the Namibian government has officially launched the Pension-Backed Home Loan (PBHL) scheme, a transformative initiative designed to help public servants access affordable housing. The announcement was made by Ericah Shafudah, Minister of Finance, during a ministerialContinue Reading
Nedbank Namibia has announced the successful conclusion of a funding deal with Trollope Contractors Namibia (Pty) Ltd, an affiliate to the South African-based Trollope Mining Group. The deal marks the beginning of a strategic partnership aimed at advancing Namibia’s mining sector. The funding package, which includes asset-based finance and workingContinue Reading
Against a backdrop of global economic uncertainty, Namibia positioned itself at the epicentre of a revitalised Commonwealth trade revolution yesterday, hosting the inaugural Commonwealth Business Summit alongside an unprecedented gathering of Trade Ministers in Windhoek. With a bold target of $2 trillion in intra-Commonwealth trade by 2030, the summit, describedContinue Reading
Senior government officials and research leaders yesterday outlined a comprehensive national strategy positioning sustainable energy as the cornerstone of Namibia’s future economic growth, job creation, and climate resilience. Speaking at the Namibia Sustainable Energy Futures (NSEF) Dialogue, representatives from key ministries and the National Commission on Research, Science and TechnologyContinue Reading
The Government of the Republic of Namibia has announced that it has been invited to participate in CIF’s ground-breaking US$1 billion Industry Decarbonization investment program, the first global concessional finance initiative dedicated to reducing industrial greenhouse gas (GHG) emissions in developing countries. Namibia was chosen from twenty-six global applicants andContinue Reading
In a landmark engagement that signals a new era for youth inclusion in Namibia’s energy sector, the Namibia Youth Energy Forum (NYEF), under the capable leadership of its Advisory Board and Management Team, held a high-level meeting with the Office of the President at the invitation of Her Excellency Dr.Continue Reading
