National energy utility NamPower has secured a N$1.1 billion loan from Germany to fund the establishment of the country’s first major wind farm, with a capacity to generate up to 40 megawatts...
The world's leading diamond company, De Beers, says it generated N$10.5 billion (US$650 million) in its fifth cycle sale of gems, including some from Namibia. The latest figure is a huge improvement...
National Petroleum Company of Namibia (NAMCOR) Chairperson, Jennifer Comalie, says the country’s two oil finds could generate US$5.6 billion in revenue for the country at peak production. "After more than 30 years...
The number of Africans with access to electricity fell during the Covid pandemic, but $25 billion in annual investments could bring full coverage by 2030, the International Energy Agency said. The IEA...
Alpha Namibia Industries Renewable Power Limited (ANIREP) has recorded a 139.4% increase in revenue to N$166.9 million for the year ended 28 February 2022 from N$69.7 million realised in the previous financial...
AfriTin Mining Limited has recorded a 13% increase in tin production at its Uis mine in Namibia in the first quarter ended 31 May 2022. “Our tin-producing operation at the Uis Mine...
South Africa is considering buying oil from Russia as a possible measure to mitigate steep fuel prices, Mineral Resources and Energy minister Gwede Mantashe said. “It is an idea,” Mantashe to Bloomberg...
B2Gold maintains ore production at its Wolfshag underground mine will commence soon, and will complement the open pit ore supply at Otjikoto. “As a result of the timing of higher-grade ore mining,...
TotalEnergies SE became the first foreign company to win a stake in a multi-billion dollar project to boost Qatar’s gas exports. Qatar is expanding production of liquefied natural gas amid a worldwide...
Two organizations have lodged their objections to an application by ReconAfrica to amend its environmental clearance certificate to cater for a new area that it intends to start drilling additional exploration wells....
