Power Invest says the proposed Nathaniel Maxuilili Power Plant in Walvis Bay is projected to cost over N$14 billion to develop and generate approximately 586 megawatts (MW) of electricity. The estimate includes...
Initial results from a production test on TotalEnergies’ Venus oil discovery offshore Namibia are reported to be promising. This follows early reports of positive results from a debut drill stem test on...
Namibia is on the cusp of an economic transformation as its budding oil industry is projected to generate N$105.9 billion (U$5.6 billion) per annum in state revenue, an official has revealed. The...
The African Energy Chamber’s Board (AEC) has selected President Hage Geingob as the recipient of its 2023 Lifetime Achievement Award. Geingob will receive the award in October during African Energy Week, which...
Namibia's energy sector is poised for a new regulator as early as next year, with the anticipated transition of the Electricity Control Board (ECB) to the Namibia Energy Regulatory Authority (NERA). At...
Nillian Mulemi, Chief Executive Officer of the Petroleum Training and Education Fund (Petrofund), has been announced as a speaker at African Energy Week (AEW) 2023, set to take place in October in...
The southern mining town of Rosh Pinah is facing serious investment challenges, as investors seem to have lost trust in the economic viability of the area post mine closure. Rosh Pinah Zinc...
Uranium One Group subsidiary, Headsprings Investment, which has been actively exploring the Omaheke Region, has projected an annual revenue of N$6.6 billion for the next 25 years. According to the company's Director...
Namibia is becoming an increasingly attractive destination for Finnish investors, thanks to its favourable business conditions and strategic partnership with the European Union (EU). The Finnfund Global Gateway Project head of mission Julian...
Deep-South Resources has successfully closed the first tranche, totalling N$3.7 million, as part of the recently announced private placement. The Canadian mining company aims to raise a total of N$27.5 million through...
