Sintana Energy announced that the Ministry of Mines and Energy in Namibia has approved an extension to the First Renewal Exploration Period for Petroleum Exploration License 83 (PEL 83).
French development agency, Agence Française de Développement (AFD), and Development Bank of Namibia (DBN), signed an agreement in terms of which AFD will provide €300,000 in grant funding for two DBN research programmes.
Six African countries have joined forces to launch the Africa Green Hydrogen Alliance to collectively scale-up investment and development across the continent’s burgeoning green hydrogen landscape.
Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in Nile, an agritech company that connects farmers to buyers of fresh produce.
Hangala Group announced the appointment of Trofimus (Trophy) Shapange as the new Managing Director of Hangala Capital, effective 1st October 2020.
Namibian Finance Minister announced the commencement of the Credit Guarantee Scheme for SMEs, to provide collateral cover of 60% for qualifying SMEs applying for finance from participating commercial finance institutions.
Standard Bank Namibia has appointed its Head of Personal and Business Banking, Mercia Geises, as its new Chief Executive Officer, effective 1 May 2021.
ReconAfrica announced that further to its announcement in February, it has entered into an extension to the Letter of Intent with its partner, NAMCOR, to acquire half of NAMCR’s 10% carried participating interest in the Kavango basin, NE Namibia.
Eco Atlantic receives TSXV approval for closing of the Azinam acquisition in South Africa and Namibia
Eco (Atlantic) Oil & Gas, confirmed that it and Azinam Holdings, have received final approval from the TSX Venture Exchange, for Eco's acquisition, through a wholly-owned subsidiary of Azinam Group.
Nigeria's technology innovation centre Co-creation Hub (CcHUB) has kicked off its CcHUB Seedr program in Namibia.
TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia.
The Namibian Government Institutions Pension Fund (GIPF) has invested over N$20 million (US$1.3 million) in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund.
ReconAfrica announced it has entered into a Letter of Intent with its partner NAMCOR, to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango basin, NE Namibia.
The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company and its partners announced that the Graff-1 deep-water exploration well has made a discovery of light oil in both primary and secondary targets.
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, announced it has signed a Memorandum of Understanding to acquire 100% of Azinam, including Azinam's entire offshore asset portfolio.
Namibia-based B2B eCommerce startup JABU, which calls itself a last-mile distribution eCommerce company, has raised $3.2 million in a financing round.
Two wells are now drilling on-trend to Pancontinental’s giant PEL 87 Saturn oil play, with Shell commencing the Graff-1 oil exploration well in the Orange Basin and French major Total also now drilling the Venus-1 ultra-deep exploration well.
French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia. On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87.
Impact Oil & Gas, a privately-owned, African-focused, exploration company, announced the spud of the Venus-1X offshore exploration well in Namibia Block 2913B (PEL 56).
AziNam Ltd. has successfully built up a substantial position in the emerging exploration province offshore Namibia, within the Walvis and Luderitz Basins.
The Transaction will be implemented through a number of simultaneous and inter-conditional steps.
Paratus and MTN have signed a national roaming agreement in Namibia, the first of its kind in this Southern African nation.
Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia), announced the completion of the first seismic acquisition program ever conducted in the Kavango Basin, North East Namibia.
ReconAfrica and its joint venture partner NAMCOR (the state oil company of Namibia) announced the Ministry of Mines and Energy has granted approval of a one year extension on the First Renewal Period from 29 January 2022 to 29 January 2023.
The Food and Agriculture Organization of the United Nations (FAO) developed the eLocust3m application to improve early warning through rapid detection, surveillance and monitoring of locust outbreaks.
IFC has partnered with pan-African finance organization Letshego, to increase access to affordable housing finance for thousands of individuals in Namibia with the potential to expand its partnership to other countries.
Safari Hotels & Conference Centre, a prominent two-hotel complex in Windhoek, has become the first property in Namibia to join Accor’s portfolio.
Global Petroleum announced it has successfully raised £1,000,000 in aggregate before costs (the “Placing”), through the Placing of 200,000,000 Ordinary Shares (the “Placing Shares”) at a Placing Price of 0.5 pence per share.
Global Petroleum announced that in relation to its licence PEL0094 (Block 2011A) offshore Namibia, the Ministry of Mines and Energy has agreed to Global’s proposal to enter into the next licence sub-period from September 2021 to September 2022.
PGS announced that final PSTM and PSDM products are now available from its latest MultiClient 3D surveys in the Namibe Basin of Angola and Namibia.
Reconnaissance Energy Africa (ReconAfrica) and Renaissance Oil Corp. (Renaissance) announced they have completed the acquisition by ReconAfrica of Renaissance by way of plan of arrangement under the Business Corporations Act.
ReconAfrica announced that Namibia’s Ministry of Environment, Forestry and Tourism issued the Environmental Clearance Certificate (ECC) for the initial 2D seismic program to be conducted in the Kavango East and West regions of NE Namibia.
Deep Catch is a diversified and vertically integrated business engaged in the wholesale, distribution and cold storage of perishable foods (mainly poultry, fish and dairy products) in Namibia and the Southern African Development Community (SADC) region.
The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) have announced the suspension of all inbound flights for national and international carriers coming from Liberia, Sierra Leon, and Namibia, effective 23:59 on Monday, June 21st.
The National Petroleum Corporation of Namibia (NAMCOR), and ReconAfrica announced the execution of a Joint Operating Agreement (JOA), to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia.
ReconAfrica announced the Company has set intermediate casing and is pleased to report geologic results in the first section of the second well (6-1), which again confirms a working petroleum system in the Kavango Sedimentary Basin.
Rural Farmers Hub provides agricultural services to under-served smallholder farmers in Nigeria, some West African countries, and Namibia via its core product, Capture™
Kasada will rebrand the hotels utilizing the management skills, expertise and marketing resources available from its strategic partnership with Accor and its portfolio of renowned international hotel brands.
Reconnaissance Energy Africa (ReconAfrica), has spudded the second well (6-1), of an initial three well program in the Kavango Basin in the Kalahari Desert of North East Namibia.
Standard Bank Group and the Massachusetts Institute of Technology's (MIT’s) Center for Bits have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to develop housing and food products.
Angolan entrepreneurs have formed the Association of Angolan Entrepreneurs Residing in Namibia to facilitate easier trade between the two countries.
Cox brings a wealth of experience as a founder shareholder of Neotel and Executive for Strategy, Commercial and M&A at Internet Solutions.
Namibian Ministry of Mines and Energy and ReconAfrica announced the preliminary analysis of the data from the 6-2 well, providing a clear evidence of a working conventional petroleum system in the Kavango Basin.
Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
World Services Group (WSG) has announced that ENSafrica has expanded its global membership with five new jurisdictions in Africa in addition to South Africa and Mauritius: Ghana, Kenya, Namibia, Rwanda and Uganda.
In 2019, Google first announced its subsea cable project, Equiano, would connect Africa with Europe, running along the west coast of Africa, between Portugal and South Africa.
Airlink, the privately-owned regional airline, will launch a convenient new direct service between Cape Town and Walvis Bay, commencing on 02 March 2021.
Drilling of high-impact oil and gas prospects in 2020 suffered at the hands of the global pandemic, but the overall results were nevertheless positive, a Rystad Energy analysis reveals.
FAO and the French Development Agency (AFD), launched a new €3.5 million project to improve sustainable wildlife management and food security in the world's largest terrestrial transfrontier conservation area.
Global Petroleum announced its updated estimate of Prospective Resources for Block 2011A, offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed.
ReconAfrica has commenced the permitting process for the acquisition of 450 kilometers of 2D seismic data in the deep Kavango Basin in the Kalahari Desert of North East Namibia.
The rise of the digital age has resulted in an information overload and often a lot of this information is made up of unqualified opinions and regurgitated statements according to Jay Mawji, Managing Director of INFINOX.
BW Kudu, a wholly owned subsidiary of BW Energy and the National Petroleum Corporation of Namibia (NAMCOR) signed a Farm-In and Carry Agreement.
Namibia’s premier digital enabler, MTC, has introduced the use of biometrics and artificial intelligence, powered by the use of biometric authentication and cybersecurity systems.
Reconnaissance Energy Africa Ltd. has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the Kalahari Desert of North East Namibia.
Kosmos Energy announced it has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell, to farm down interests in Suriname, Sao Tome & Principe and Namibia.
Global Petroleum announced that regarding its licence PEL0094 (Block 2011A) in Namibia, the Company purchased the historic 2D seismic data in order to improve interpretation of its Marula prospect in the western part of Block 2011A.
Eco Atlantic, an oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, has successfully negotiated the reissuance of its four licences in the Walvis Basin, Offshore Namibia.
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with license interests in Guyana and Namibia, has announced its results for the three and six months ended 30 September 2020
LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and Africa, has announced that it has entered into a Strategic Alliance Agreement with NAMCOR Exploration and Production.
Climate Fund Managers and Eos Capital announced a partnership between Climate Investor Two, Kelp Blue and the Namibia Infrastructure Development and Investment Fund for the commercial development of world’s first large-scale kelp farm.
The Telecom Namibia Board of Directors has appointed the company's new CEO.
LEKOIL, oil and gas exploration and production company with a focus on Nigeria and Africa, announced it has entered into a Strategic Alliance Agreement with NAMCOR, through its subsidiary, LEKOIL Namibia.
Facebook in partnership with the Namibian Blood Transfusion Service (NamBTS) and Ministry of Health and Social Services, have launched a new feature to encourage people to donate blood.
Qatar Airways is to resume services to Entebbe, Seychelles, and Windhoek, as well as many more global destinations.
Kosmos Energy has entered into an agreement with Shell to farm down interests in a portfolio of frontier exploration assets for approximately $100 million, plus future contingent payments of up to $100 million.
Namibia Critical Metals announced it has entered into a drawdown equity financing facility with Alumina Partners (Ontario), an affiliate of New York-based private equity firm Alumina Partners, LLC.
[South Africa] Orange Business Services and De Beers Marine tap into IoT to enhance crew safety in offshore mining
Orange Business Services and De Beers Marine South Africa have jointly installed and tested a customized IoT solution to provide geofencing to maintain safe working distances for crew around the heavy machinery.
Global Petroleum announces that in connection with its licence PEL0094 offshore Namibia, the Ministry of Mines and Energy in Namibia has agreed to extend the licence sub-period from September 2020 to September 2021.
Germany mobilizes additional €13m for Namibia to mitigate COVID-19 challenges in conservation, tourism sector
The German Federal Government has mobilized additional resources of €13 million to support the Namibian Government, through the Ministry of Environment, Forestry and Tourism, in mitigating the challenges of the COVID-19 pandemic.
The United Nations World Food Programme (WFP) received Japanese Government contribution of $ 700,000 that will enable WFP to provide food assistance to some 30,000 vulnerable people in Namibia.
Namibia has closed an order for the supply of four towers in a wind farm located in Namibia and developed by the renewables Franco/Namibian company InnoSun Energy.
Global Petroleum announces that it has come to an agreement to licence pre-existing 3D seismic data in its offshore Namibia Block, 2011A (PEL0094).
African Development Bank approves $129.4 million loan to boost economic governance and competitiveness in Namibia
The African Development Bank has approved a $129.4 million loan to finance the Namibia Economic Governance and Competitiveness Support Programme, EGCSP.
Electromagnetic Geoservices ASA (EMGS) announces that the Company has received a letter of intent with a minimum value of USD 3.6 million from an undisclosed customer on behalf of a JV block consortium, offshore Namibia.
Azinam announces that following a deal with Africa Energy Corp., it will become the Operator and 50% licence holder in Block 2B offshore South Africa, which contains the A-J1 oil discovery.
The Republic of Namibia has become the eighth country to ratify the Tripartite Free Trade Area (TFTA) Agreement moving the region closer to having a fully operational Agreement this year.
Southern Africa in throes of climate emergency, 45 million people facing hunger across the region, WFP
A record 45 million people, mostly women and children in the 16-nation Southern African Development Community are gravely food insecure following repeated drought, widespread flooding and economic disarray.
Maersk Drilling has been awarded contracts for a three-well exploration drilling project by Total E&P Angola Block 32, Block 48 and Total E and P Namibia B.V. for the 7th generation drillship Maersk Voyager.
Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, announces the start of new marine seismic acquisition programs on Block 11B/12B offshore South Africa.
[Uganda] Countries celebrate South-South Cooperation, innovative partnerships for tackling food insecurity and poverty
Through South-South Cooperation, countries across the global South are successfully exchanging technical expertise and building innovative partnerships, which if strengthened, can continue to play a crucial role in the achievement of the SDGs.
Namibia is in the process of finalising a blue economy national policy as outlined in its 5th National Development Plan (NDP5).
Bourbon Marine & Logistics announced that it has been awarded by Total E&P Namibia, an integrated logistics contract to support a deep offshore exploration campaign in South Namibia in 2020.
In addressing the global climate emergency, all countries have a role to play. Namibia, like many other nations, is working to design and implementing the right policies before it is too late.
There’s a lot of hype about the Cloud, however what comes to mind when you hear that your software will sit in the cloud, it sounds positively intangible and like a cloud it can fall apart anytime.
A record 45 million people across the 16-nation Southern African Development Community (SADC) will be severely food insecure in the next six months, United Nations food agencies have warned.
Andersen Global has partnered with one of Namibia’s largest law firms, Dr Weder, Kauta & Hoveka Inc.
Tower Resources, the AIM-listed oil and gas company with a focus on Africa has disclosed technical and commercial information to a major international oil company in order to explore the potential to co-operate in Tower's Namibian Blocks.
UPS has announced the addition of three new countries served by UPS Worldwide Express, and broadened its reach across 76 cities in the Indian Subcontinent, Middle East, and Africa
South Africa, along with five other countries in the Southern African region have concluded a new trade agreement with the United Kingdom (UK) that will allow business to keep trading freely after Brexit.
The UK has initialled an Economic Partnership Agreement with the Southern African Customs Union and Mozambique (SACU+M) that will allow business to keep trading freely after Brexit.
Corteva Agriscience leads fight against fall armyworm with insect control solutions for African maize farmers
Corteva Agriscience has been introducing insect control solutions to Africa’s maize farmers to in maize in Botswana, Kenya, Namibia, Tanzania, South Africa, Zambia, and Zimbabwe.
Qatar Petroleum has entered into agreements with Total for a share of exploration and production rights in two blocks offshore the Republic of Namibia.
With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia.
The Development Bank of Namibia (DBN) and the Development Bank of Southern Africa (DBSA) have jointly pledged N$8 billion in finance for infrastructure requirements in Namibia
EMGS is pleased to announce that it has been awarded a contract from Nabirm Global for a proprietary 3D CSEM survey over Block 2113A, Petroleum Exploration License (PEL 0058) in the Walvis Basin offshore Namibia.
Air Namibia will up its service between Windhoek-Cape Town and Windhoek-Johannesburg from August 10. The route will be serviced by A319.
In the spirit of good corporate citizenship, organisations both in the public and private sectors in Namibia have an active role to play when it comes to developing skills.
Sanlam reported a satisfactory operational performance in the four months to 30 April 2019, despite persisting headwinds in South Africa.
The Board of Directors of Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia, have approved the construction of the first ever custom-built diamond recovery vessel.