After a challenging year, Namibia is poised for a significant rebound in foreign direct investment (FDI) this year, with a projected surge driven by the restart of idled uranium operations, aggressive oil exploration by global energy giants, and ambitious green hydrogen projects. This comes after a 25% decline in FDI …
Read More »Diamonds to Dust, Botswana and Namibia Eye Joint Oil Refinery as Glitter Fades
In a bold move signaling a seismic shift in Southern Africa’s economic landscape, diamond-rich nations Botswana and Namibia are forging a powerful alliance to establish a jointly-owned oil refinery. The ambitious project, a key talking point during Namibian President Netumbo Nandi-Ndaitwah’s recent high-stakes summit with Botswana’s President Duma Boko in …
Read More »Transforming Vision into Action: Deputy Prime Minister’s Address Charts New Course for Industrial Development
On 16 May 2025, at a regional staff meeting in Oshakati, Namibia’s Deputy Prime Minister and Minister of Industries, Mines and Energy,Natangue Ithete, delivered a stirring keynote address that reaffirmed the government’s commitment to a more inclusive, industrialised and empowered Namibia. Addressing Ministry staff, stakeholders and members of the media, …
Read More »BIPA Opens Northern Office in Ongwediva, Ushering in New Era of Business Accessibility
In a major step toward improving business accessibility and boosting regional economic growth, the Business and Intellectual Property Authority (BIPA) officially opened its new satellite office in Ongwediva. The event was marked by a keynote address from Natangue Ithete, Deputy Prime Minister and Minister of Industries, Mines and Energy, who …
Read More »Namibia Critical Metals Shares Positive Outcome from Annual Meeting
Namibia Critical Metals announced the results from its Annual General Meeting held earlier this week. Over 62% of shareholders participated either in person or by proxy, and all key proposals were approved with strong support. The company confirmed the re-election of its current board members: Adrian Hickey, Darrin Campbell, William …
Read More »Ministry of Mines and Energy Plants Tree in Memory of Founding Father Dr. Sam Nujoma
In a poignant display of remembrance and national pride, the Ministry of Industries, Mines and Energy hosted a ceremonial tree planting on Tuesday, 14 May 2025, in honor of Namibia’s Founding Father, His Excellency Dr. Sam Shafiishuna Nujoma. Deputy Prime Minister and Minister of Industries, Mines and Energy, Hon. Natangue …
Read More »ECB Approves 3.8% NamPower Tariff Increase for 2025/2026 Financial Year
The Electricity Control Board (ECB) has approved a 3.8% increase in NamPower’s bulk electricity tariff for the 2025/2026 financial year significantly lower than the 17.44% originally requested by the national utility. The decision comes after extensive internal reviews and stakeholder consultations, reflecting the ECB’s balancing act between financial sustainability, affordability, …
Read More »Namibia Sets Bold Electrification Target: 210,000 Households by 2030
In a powerful and pragmatic address delivered on Monday, the Executive Director of the Ministry of Mines and Energy, Ben Nangombe, set a clear tone for what he called a “new era of electrification” in Namibia. Speaking at the National Electrification Acceleration Engagement held in Ondangwa, Nangombe emphasized the urgent …
Read More »ASI Expands into Autonomous Construction with SoftBank
Autonomous Solutions, Inc. (ASI), a global leader in industrial vehicle automation and developer of the Mobius autonomous fleet management system, has launched ASI Construction in partnership with SoftBank Group Corp. The new business unit will focus on automating construction equipment to meet rising demand and counter labour shortages, complementing ASI’s …
Read More »Namibian Riches: Andrada Mining Eyes Expansion in Critical Minerals Race
Andrada Mining, a rising force in the green transition metals sector, is poised to significantly expand its footprint in Namibia. It has ambitious plans to open more mines and solidify its position as a critical minerals champion. This bullish outlook on the southern African nation is driven by its rich …
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