Via Reuters, a report on plans that will see Chinese firms build Namibia’s largest solar power plant: Namibia’s state-owned power utility NamPower on Monday said it had signed a contract with two Chinese firms to start building the country’s largest solar power plant. The southern African country is a net importer of electricity, relying on […]
Read more »Via The Africa Report, a look at whether – as Shell and ExxonMobil sell onshore assets – Africa’s indigenous producers are ready? As oil majors shift focus to deep offshore exploration in Africa, local producers face rising costs and complex challenges in a rapidly evolving industry landscape. A long-term shift by oil majors towards deep […]
Read more »Via Bloomberg, a report on Namibia’s hydrocarbon industry: Namibia has seen billions of barrels of offshore oil finds As drilling ramps up, multibillion-dollar deals are discussed Off a busy pier in Namibia’s main port of Walvis Bay, the seeds of an economic boom are being planted. As workers heave fish from boats, or unload cargoes […]
Read more »Via Namibia Business Express, commentary on growing investment interest in Namibia: We often hear the term “you can love where you live, but you don’t have to invest there”. And for many years this might have felt like the reality for Namibian investors. Opportunities were not necessarily limited, but South African and offshore markets always […]
Read more »Via Bloomberg, an article on the impact that Namibia’s oil and gas finds are having upon air travel: Airlink plans to upgrade to bigger aircraft in due time Airlink has commercial partnerships with Qatar and Emirates Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination from a tourist […]
Read more »Via Reuters, a report on Namibia’s oil boom: Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast. It has not yet produced any oil or gas, but oil majors such as TotalEnergies (TTEF.PA), opens new tab and Shell (SHEL.L), opens new tab have made discoveries estimated at 2.6 billion barrels, with production in the […]
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