Bryan Eiseb, Executive Director of Namibia’s Ministry of Mines and Energy has outlined Namibia’s top energy development priorities between now and 2030 highlighting amongst others a complete overhaul of the existing regulatory framework to ensure competitive, attractive terms for investors, as well as coordination with international partners. In his admissionContinue Reading
The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hotspot for hydrocarbon investment in recent years. Meanwhile, the country’s ambition to become a global hub for green hydrogen development – on the back of abundant, co-located solar and wind resources – is poised to supportContinue Reading
The Namibia Youth Energy Forum (NYEF) has announced its official launch, marking a significant milestone in its mission to empower Namibian youth to lead the charge towards a sustainable energy future. With a clear vision and steadfast commitment, NYEF aims to inspire, educate, and provide opportunities for young people toContinue Reading
EMPRETEC Namibia which first trained entrepreneurs on 16 October 2019 has now trained close to 2000 entrepreneurs of which about 30% are in vulnerable categories, minister of Industrialisation and trade, Lucia Iipumbu has said. EMPRETEC Namibia, is a collaboration between the ministry and UNDP Namibia with the aim to trainContinue Reading
Those arguing that higher oil prices are ahead often point in evidence to a chronic lack of investment in oil exploration of late. Without sufficient capital put into large, offshore projects, crude supply will wither, they say. In fact, there have been very large oil discoveries including in the NorwegianContinue Reading
Dundee Precious Metals has announced that it has entered into a definitive share purchase agreement with a subsidiary of Sinomine Resource Group Co. Ltd., for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities, through the disposition of all of theContinue Reading
RND Holdings (Pty) Ltd, a trailblazing entity founded close to a decade ago in 2015, has unveiled its new business premises in Windhoek. The Minister of Industrialization and Trade, Lucia Iipumbu officially inaugurated the new premises alongside the Executive Director: MSME Development, Innovation and Acceleration of the Namibia Investment PromotionContinue Reading
The U.S. government, through the USAID Mobilizing Investment project, announced a grant of N$19 million (US$1 million) to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion (US$1.15 billion) Sustainable Development Goals (SDG) Namibia One Fund. Launched at the United Nations Climate Change Conference COP-27 in November 2022,Continue Reading
by Victor Ashikoto With the introduction of the Avo SuperShop product, Nedbank Namibia is making significant strides in its digitalisation efforts. This offering empowers our clients to easily buy essential products and services online, aligning seamlessly with our strategic vision to establish ourselves as a prominent player in Namibia’s fintech,Continue Reading
With a significant portion of government debt due for repayment, government is set to fork out close to N$23 billion servicing its debts in 2025 alone, including the maturing US$750 (N$14.3 billion) Eurobond due on 29 October 2025 which will be the largest single day debt maturity in the historyContinue Reading
