Namibian tin producer Andrada Mining has made a significant move into the lithium market with its inaugural sale of five tonnes of petalite, valued at over N$70,000. This transaction, completed with a ceramic producer, marks a crucial milestone for the company as it aims to establish itself as a keyContinue Reading
Connected Minerals Ltd managing director and CEO Warrick Clent has said that the company has secured three licences in Namibia, including the promising Etango North East Project. Recently released rock chip results from the site yielded strong uranium readings, exceeding 2,000 ppm — results which Clent described as “mind-blowing” thatContinue Reading
The International Fund for Fishing Safety, (IFFS) has awarded the first grant to train and support fishing vessel safety auditors for deployment in Namibia and South Africa. The project is run by the Sea Safety Bee Trust (SSBT) on behalf of the Cape Town-based Sea Safety Training Group (SSTG). EstablishedContinue Reading
The Minister of Information Communication and Technology, Emma Theofelus and fellow Member of Parliament, Inna Hengari have been named on Avance Media’s 2023 100 Most Influential Young Africans list (8th Edition) that was released today. The list feature other high profile young Africans including global economist Bogolo Kenewendo, actress BimboContinue Reading
…partnerships with Namibia among others could benefit from purse The President of the European Commission (EC) Ursula von der Leyen has announced new investments into the hydrogen industry, including €2.2 billion (about N$45 billion) worth of funding reserved for the spring of 2024. During a speech at the European HydrogenContinue Reading
The price of potatoes in Namibia particular saw a significant surge of 40% y/y, compared to the 1.4% y/y recorded in October 2022, the latest inflation report by Simonis Storm reveals. This rise can be attributed to Namibia’s heavy reliance on imports for its potatoes which has driven up theContinue Reading
Niche industrial pumping solution company Verder Pumps South Africa has confirmed that it will be expanding its footprint and network in Namibia and Kenya with two new distribution partners – Aqua Services and Engineering(ASE) in Namibia and Kubtech Engineering Services(KES) based in Nairobi, Kenya – which boast large clientele basesContinue Reading
The Namibian Stock Exchange (NSX) celebrated a momentous and long-awaited project with the Go-Live of the bond trading system on 13 October 2023. The CEO of the NSX, Tiaan Bazuin, stated the following: “The NSX is very pleased with the addition of our own bond trading system, to enhance theContinue Reading
The African Energy Chamber has announced that Nillian Mulemi, CEO of the Petroleum Training and Education Fund (Petrofund), will speak at African Energy Week (AEW) 2023, set to take place October 16–20 in Cape Town. Mulemi will provide comprehensive insights into the significance of financial support mechanisms within the petroleumContinue Reading
French energy giant TotalEnergies is going full steam ahead with its multi-well appraisal and exploration drilling programme in Namibia with two rigs. The oil major embarked on this drilling campaign after the Venus light oil discovery in Block 2913B (PEL 56) located in the Orange Basin, offshore southern Namibia. NamibiaContinue Reading
