Africa set to feed Europe’s green hydrogen hunger
As the shift towards a green hydrogen economy makes headlines around the world, Africa is fast entrenching its place as a significant supplier of the new energy resource. From Egypt to Angola,...
High uranium prices drive Rossing to N$840m after tax profit
Rössing Uranium recorded an after-tax profit of N$840 million in 2022, an increase from N$193 million in the previous year, according to the company's latest sustainability and performance report. During this period,...
India eyes Namibia’s oil and gas sector
India says it is keen on exploring investment opportunities in Namibia’s oil and gas sector as the two countries deepen bilateral relations. India's External Affairs Minister Dr. Subrahmanyam Jaishankar said India was...
Data Science and Analytics in the Namibian Space: How NUST and UNAM are leading the way
Namibia has experienced a rising interest in data science and analytics, driven by the increasing availability of data and the recognition of its value in decision-making. To meet this demand, the Namibia...
O&L has no regrets on NBL’s exit
The country’s largest private company, Ohlthaver & List Group (O&L) says it has no regret in relinquishing ownership of Namibia Breweries Limited (NBL) but sees the transaction as a window of new...
GIPF evaluates N$175m energy sector opportunities in Hardap Region
The Government Institutions Pension Fund (GIPF) is currently assessing investment opportunities in the energy sector of the Hardap Region, with a total value of N$175 million. According to Nillian Mulemi, the Chairperson...
Namibia to honor existing mineral and petroleum deals, eyes future project stakes
The Ministry of Mines and Energy on Thursday said that it has no plans to seize shares from existing mineral and petroleum license holders. Instead, the ministry intends to take up equity...
GIPF targets oil and green hydrogen industries
The Government Institutions Pension Fund (GIPF) says it is keenly watching developments in the country’s lucrative oil and green hydrogen space and is waiting for possible investment opportunities. Namibia is set to...
SASSCAL launches Green Hydrogen Atlas
The first Atlas of Green Hydrogen Generation Potential in Southern Africa has been officially launched, marking a watershed moment in the renewable energy sector. The event, held this month, showcased the extensive...
NDTC facilitates N$75bn rough diamonds for value addition
The Namibia Diamond Trading Company (NDTC) says since its establishment 16 years ago, it has facilitated the availability of over N$75 billion worth of rough diamonds to its sight holders for value-addition...