Reconnaissance Energy Africa Ltd (ReconAfrica) has confirmed it is on schedule to drill its largest oil and gas prospect to date—Prospect I—located in Petroleum Exploration Licence 073 (PEL 73) in northeastern Namibia....
Koryx Copper Inc. has completed all regulatory requirements to facilitate its dual listing on the Namibia Securities Exchange (NSX), with trading set to commence on Thursday, 10 April 2025. The Canadian-based company,...
FNB Namibia has committed N$1 billion to support local SMEs participating in Namibia's oil and gas value chain, as well as the broader energy and extractive sectors. This commitment will be facilitated...
Deep Yellow Limited has announced a delay in the Final Investment Decision (FID) for its flagship Tumas uranium project in Namibia, citing the need for stronger uranium prices to support new project...
President Netumbo Nandi-Ndaitwah says her decision to transfer the oversight of Namibia’s burgeoning oil and gas sector to the Presidency is to ensure closer supervision of an industry still in its infancy....
… TotalEnergies opts to reinject associated gas at Venus find Namibia’s promising offshore oil discoveries face a significant hurdle to full-scale development due to high levels of associated gas, according to global...
Gold export earnings recorded a significant increase in the fourth quarter of 2025, rising by 20.1% year-on-year and 13.4% quarter-on-quarter to N$4.3 billion, the Bank of Namibia (BoN) has reported. According to...
Namibia's renewable energy sector is struggling to secure local investment, with financial institutions and investors showing increasing reluctance to fund green energy projects, former Minister of Mines and Energy Tom Alweendo has...
By Julien Karambua Access to reliable electricity remains a significant challenge across Sub-Saharan Africa, particularly in rural areas. Expanding grid infrastructure is often prohibitively expensive and impractical due to difficult terrain and...
Exploration activity in Namibia’s Orange Basin contributed to a significant surge in foreign direct investment (FDI), with net inflows reaching N$12.6 billion in the fourth quarter of 2024, according to the latest...
