Wednesday , April 14 2021

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Activists advise Agric Minister on oil drilling and fracking in the Kavango basin

Save Okavango’s Unique Life (Soul) have advised Namibia’s agriculture, water and land reform minister to work with other government ministries to introduce an immediate moratorium on Canadian oil and gas firm ReconAfrica’s current petroleum exploration activities in the Kavango region in Namibia. Save Okavango’s Unique Life (Soul), an alliance of …

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Old Mutual acquires stake in Rosh Pinah

Old Mutual Investment Group Namibia has acquired a majority stake in a 5MW solar PV (photovoltaic) plant at Rosh Pinah in the !Karas Region of Namibia. The shares were previously owned by AEE Power Ventures SL, a Spanish energy company, which developed and constructed the plant. AEE Power has disposed …

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Deep Yellow to raise A$40.8-million in a share placement to fund its Tumas project

In a share placement to finance work on its Tumas project, in Namibia, and to advance targeted merger and acquisition opportunities, uranium explorer Deep Yellow will raise A$40.8 million. The company notified shareholders that it had obtained firm commitments from retail, advanced and skilled investors to subscribe to more than …

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