Namibia's lithium refining industry is forecasted by consultancy firm McKinsey & Company to contribute N$3.1 billion to the country's gross value added by 2030, while creating 5,800 jobs. By 2050, the contribution...
Deep Yellow Limited says it has identified three highly promising targets for further exploration at its Omahola Basement Project in Namibia. The ASX-listed company’s Managing Director/CEO John Borshoff said the finding comes as...
Bezant Resources Plc has initiated the process of seeking licensing for its gold project situated within EPL 5796 in central Namibia. With the project strategically located approximately 100km south-west Windhoek and 120km...
Inceptus Energy has secured financing for the University of Namibia (UNAM) N$65 million solar project from the Development Bank of Namibia (DBN) and Old Mutual Namibia. The project, whose construction commenced in...
NamPower plans to invest about N$19.8 billion on electricity generation and transmission expansion in the next five years. The national power utility Managing Director, Simson Haulofu, said N$9.9 billion will be used...
Osino Resources is set to make a significant contribution to the Namibian economy with its Twin Hills Gold project, injecting an estimated N$634 million in foreign direct investment. The mining firm anticipates...
Namibia is aiming to utilise its recent discoveries of oil and gas reserves in the Orange Basin and its abundant renewable energy resources, with several green hydrogen projects underway, to stimulate economic...
Namibia could generate N$13.9 billion in revenue from wind turbine tower and blade production, a report by global consultancy firm McKinsey & Company states. The study, part of the green manufacturing strategy...
Galp Energia says it invested over N$7.2 billion towards upstream projects, with a focus on developments in the Brazilian pre-salt, Portugal, and an exploration campaign in Namibia during 2023. The group's Chief...
TotalEnergies has allocated an estimated N$5.7 billion for exploration and appraisal work in Namibia in 2024. “So, clearly, Namibia is at the top of our spending priorities for exploration and appraisal. We'll...
