Business

As Namibia’s energy sector surges ahead with exciting oil and gas discoveries, industry leaders gathered at this year’s Namibia International Energy Conference (NIEC) to issue a clear call, local businesses must be at the center of the country’s energy future. Several key players in the industry underlined during a panel …

Driven by a rising wave of mergers and acquisitions (M&As), Namibia’s oil and gas industry is undergoing an extraordinary change. Industry executives gathered at the Namibia International Energy Conference (NIEC) on Thursday to underline how M&As are significantly transforming the upstream sector of the nation. These agreements are not only …

Once again, Namibia is front and centre in Africa’s energy debate as the 7th Namibia International Energy Conference (NIEC) formally launched in Windhoek on Tuesday, attracting investors, government officials, and worldwide energy players to the Land of the Brave. Hon. Natangue Ithete, Deputy Prime Minister and Minister of Industries, Mines …

The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13. In a challenging global economic backdrop marked by rising protectionism, reduced development aid and high debt-serving costs, the Forum will tackle the …

Namibia has seven sedimentary basins, including four offshore and three onshore basins The Orange Basin covers an extensive area of approximately 160,000 square kilometers, making it South Africa’s largest offshore basin both aerially and volumetrically Standard Bank Namibia has today entered into a three-year partnership with Rich-Africa Consultancy, to support …

This morning, Swakop Uranium (Pty) Executive President, Mr. Irvine Simataa, along with two officials, paid a courtesy call on Ministry of  Mines and Minerals Development Permanent Secretary, Dr. Hapenga Kabeta. The discussion centered on a potential partnership to develop high-potential uranium projects in Zambia. Swakop Uranium, a Namibian mining company …

Australian-listed Connected Minerals (ASX: CML) has embarked on a pivotal phase of its exploration strategy, initiating a maiden reverse circulation drilling program at its promising Etango North-East Uranium Project in Namibia. This move signals a significant step in the company’s quest to capitalize on the region’s rich uranium reserves, positioning …

Despite recent national mourning following the loss of two presidents, Namibia has reaffirmed its commitment to strengthening its long-standing bilateral relations with Russia. President Netumbo Nandi-Ndaitwah, speaking during a courtesy visit by Russian Deputy Prime Minister Yury Trutnev, emphasized the enduring bond between the two nations and their shared vision …

Driven by the energy shift and a drive for industrialization, the global need for rare earth elements is skyrocketing. Demand is projected to rise fourfold by 2030, and African countries rich in these vital minerals are hurrying to assert their place in the worldwide supply chain. Africa might soon provide …

Victoria Sibeya has been appointed as the Acting Managing Director of the National Petroleum Corporation of Namibia (NAMCOR), with effect from April 1, 2025.  She succeeds Ebson Uanguta, who, after more than a year at NAMCOR, returns to his position at the Bank of Namibia. Uanguta offered consistent leadership during …