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Latest News

16 May 2025

Namibia Boosts Trade Competitiveness with Digital Reforms and Infrastructure Investment

New Trade Information Portal and N$885 Million Digital Upgrades Aim to Streamline Processes, Support SMEs, and Enhance Regional Market Access

Namibia Boosts Trade Competitiveness with Digital Reforms and Infrastructure Investment

16 May 2025

Namibia Eyes 2026 Eurobond Amid Record Local Debt, Faces External Liquidity Test

Analysts urge caution as global bond volatility and upcoming Eurobond maturity expose Namibia’s growing reliance on domestic markets and foreign-currency risk.

Namibia Eyes 2026 Eurobond Amid Record Local Debt, Faces External Liquidity Test

16 May 2025

Stamper Oil & Gas Acquires Five Offshore Namibia Blocks in BISP Deal

Strategic acquisition spans Orange, Walvis, and Luderitz basins, aligning Stamper with emerging and proven hydrocarbon assets off Namibia’s coast.

Stamper Oil & Gas Acquires Five Offshore Namibia Blocks in BISP Deal

16 May 2025

NIDA Unveils Strategic Plan to Create 35,000 Jobs and Drive Namibia’s Industrial Growth by 2030

Namibia Industrial Development Agency launches a five-year plan to boost job creation, operational efficiency, and sustainable partnerships in support of Vision 2030.

NIDA Unveils Strategic Plan to Create 35,000 Jobs and Drive Namibia’s Industrial Growth by 2030

16 May 2025

Namibia to Add 93MW of Power by 2025/26, Reducing Electricity Imports

New renewable energy projects under the MSB model to boost domestic electricity supply and lower long-term costs, says ECB

Namibia to Add 93MW of Power by 2025/26, Reducing Electricity Imports

16 May 2025

Rhino and Halliburton Achieve First Fully Namibia-Based Offshore Oil Drilling Success on PEL 85

Two exploration wells completed using local infrastructure mark a milestone for Namibia’s energy future and industrial capacity.

Rhino and Halliburton Achieve First Fully Namibia-Based Offshore Oil Drilling Success on PEL 85

9 May 2025

Erongo Uranium Mines Struggle with Water Deficit Despite Desalination Upgrades

Namibia’s uranium sector faces a 500 m³/h shortfall in water supply, as infrastructure delays and rising demand outpace improvements.

Erongo Uranium Mines Struggle with Water Deficit Despite Desalination Upgrades

9 May 2025

B2Gold’s Otjikoto Mine Surpasses Q1 2025 Gold Output Forecast, Cuts Costs

Namibia-based mine delivers 52,578 ounces of gold as operating and all-in sustaining costs come in below guidance.

B2Gold’s Otjikoto Mine Surpasses Q1 2025 Gold Output Forecast, Cuts Costs

9 May 2025

Supernova Metals Moves to Boost Stake in Namibia’s Orange Basin Block 2712A

Company eyes 48.5% interest in WestOil as part of strategic expansion in Namibia’s offshore energy sector.

Supernova Metals Moves to Boost Stake in Namibia’s Orange Basin Block 2712A

7 May 2025

ReconAfrica Advances Namibian Oil Prospects with New Drilling and BW Energy Partnership

Company completes Naingopo well, prepares to drill Prospect I in Kavango Basin amid $60M in funding and strategic farm-down deal.

ReconAfrica Advances Namibian Oil Prospects with New Drilling and BW Energy Partnership

6 May 2025

Namibia’s Energy Regulator Pushes for Baseload Power Plant to Tackle Import Dependency

Electricity Control Board calls for new domestic generation to ensure long-term energy security amid high reliance on imports and grid constraints.

Namibia’s Energy Regulator Pushes for Baseload Power Plant to Tackle Import Dependency

6 May 2025

Supernova Metals Eyes Larger Stake in Namibia’s Orange Basin Energy Block

Proposed acquisition would boost Supernova’s interest in offshore Block 2712A to 48.5%, pending approvals.

Supernova Metals Eyes Larger Stake in Namibia’s Orange Basin Energy Block

6 May 2025

Namcor and TotalEnergies Advance Venus Oil Field Offshore Namibia Despite Drilling Setback

Final Investment Decision Expected by 2026 as Joint Venture Eyes 150,000-Barrel Daily Output From Deepwater Discovery

Namcor and TotalEnergies Advance Venus Oil Field Offshore Namibia Despite Drilling Setback

5 May 2025

Namibia Warns 141,000 Businesses of Deregistration Over Beneficial Ownership Non-Compliance

BIPA sets May 16 deadline for entities to disclose beneficial ownership or face legal, financial, and operational consequences.

Namibia Warns 141,000 Businesses of Deregistration Over Beneficial Ownership Non-Compliance

5 May 2025

Namibia Ups Windhoek District Hospital Budget to N$3.2 Billion to Expand Urban Healthcare Access

The upgraded facility in Havana aims to ease pressure on Katutura Hospital, improve access for underserved communities, and support Windhoek’s growing population.

Namibia Ups Windhoek District Hospital Budget to N$3.2 Billion to Expand Urban Healthcare Access

5 May 2025

SBM Offshore Targets Namibia’s FPSO Market Amid Surge in Deepwater Oil Demand

Global energy services firm eyes Namibia’s offshore potential with local training initiatives and deepwater FPSO expertise from Guyana and West Africa.

SBM Offshore Targets Namibia’s FPSO Market Amid Surge in Deepwater Oil Demand
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