Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio in Namibia and South Africa, in return for...
Government expects to rack-up close to N$4 billion in revenues per annum from Green Hydrogen projects, with contributions towards the Sovereign Wealth Fund and royalties expected to amount to N$627 million per...
Canada-based gold exploration and development company Osino Resources Corporation says it has entered into an agreement to acquire the Ondundu gold exploration property in Namibia from B2Gold Corp. Heye Daun, Osino’s President...
Trigon Metals Inc has produced its first copper concentrates at the Kombat Mine in Namibia after 14 years of closure. The Africa-focused miner said the concentrate produced exceeded the expectations of management,...
The United Nations has identified 17 Sustainable Development Goals that we as humanity should be trying to achieve. All are noble, all are essential, but some get more attention than others. Especially...
Assets held by the world’s sovereign wealth and public pension funds rose to a record US$31.9 trillion in 2021 thanks to rising U.S. stock and oil prices, and investments rose to their...
South African stocks are closing out their best year since 2009, although the gains have little to do with local factors. The FTSE/JSE Africa All Share Index slipped 0.1% in 2021’s final...
De Beers has extended its sales agreement with Botswana by a further six months after Covid-19 made it hard to negotiate a new deal. The terms of the current arrangement will remain...
Brazil raised nearly $2 billion (~R31.85 billion) Friday with the auction of two large oil blocks, drawing bids from major international firms after struggling recently to generate interest in its offshore fields....
Fuel supply hiccups have characterised Zambia’s fuel price increase on Friday as the southern African country kick-started austerity measures under a $1.4 billion IMF supported economic reform programme. It was also expected...
