French energy company, Hydrogène de France (HDF Energy) has reached a further step in the development of Zimbabwe’s first high-powered green hydrogen power plant, following the signing of a memorandum of understanding (MOU) with Zimbabwe’s state electricity utility, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), last week. The parties signedContinue Reading
New data by advisory firm Wood Mackenzie (WoodMac) has shown that 2022 was the strongest year in more than a decade for global oil and gas exploration, led by major discoveries in Namibia, Brazil and Algeria. WoodMac reported that the sector created at least US$33-billion of value and achieved full-cycleContinue Reading
As the Presidential Economic Advisor and Green Hydrogen Commissioner of Namibia, James Mnyupe will be connecting European investors to Namibian green hydrogen opportunities at the London-based investment reception. Representing one of the most promising markets for green hydrogen adoption worldwide, a series of large-scale project launches have positioned Namibia asContinue Reading
The Namibian Ports Authority continues to achieve operational milestones as it is set to handle the exportation of 110,900 tonnes of salt consignment over the next eight days at its Walvis Bay Port. The Bold Mariner, which loaded 45,000 tonnes of bulk salt was the first of four vessels thatContinue Reading
Uranium hopeful Deep Yellow has flagged a cost blowout at its Tumas project, in Namibia, where a definitive feasibility study (DFS) is currently under internal review. The company told shareholders on Friday that the DFS, which had been completed, had indicated that the project remained “commercially attractive” despite capital andContinue Reading
The Namibian Government is in full support of 5G technology, which would surely positively change how our country is governed, bringing a positive change in ease of business and ease of living, Peya Mushelenga, Minister of Information and Communication Technology has said. Mushelenga who was speaking at the Telecom NamibiaContinue Reading
Having been ravaged by the fishrot scandal, Namibia’s fishing industry continues to perform positively with fish exports between January and July this year having totalled N$6.2 billion, Business Express understands. This is a mild rise in exports when compared to 2021 in which N$6.1 billion worth of fish was exportedContinue Reading
Botswana intends to increase its volumes of imports and exports through the port of Walvis Bay, President Hage Geingob said at the inaugural session of the Botswana Namibia Bi-National Commission. Geingob went onto highlight that this would mean that Namibia and Botswana must jointly and speedily work together on expandingContinue Reading
Exports nearly doubled in July 2022 from 12-months ago, rising by 99.6% y/y, trade statistics released by the Namibia Statistics Agency this week reveal. During the same time, imports increased by 60.1% y/y. However, the value of exports is still overshadowed by a rising import bill, where the trade deficitContinue Reading
Developer of the Etango-8 Uranium project in Namibia, Bannerman Energy has started share trading on the OTCQX in the US, after having been upgraded from the OTCQB. The company, which will continue to trade under the OTC market symbol BNNLF, said on Wednesday that the approval to trade on theContinue Reading
