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 […]
Read more »Via The Africa Report, an article on the role of copper and lithium at the heart of new African investment: Recent data confirms copper and lithium as the mineral success stories of the African continent, with new exploration projects concentrated in Central and Southern Africa. With 40 active exploration projects for copper and 19 for […]
Read more »Courtesy of Bloomberg a report on the audacious plan to see a global green hydrogen hub in Namibia: Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s smallest economies to hit the clean-energy big […]
Read more »Courtesy of The Africa Report, an article on Africa’s green hydrogen industry: Although the continent has huge potential to produce ‘green gold’, only a few green hydrogen projects have reached the feasibility study and design phase, and without final investment decisions made. To decarbonise its economy, the European Union (EU) is banking on Africa’s potential […]
Read more »Via Namibia’s Business Express, a report on the growing scramble for Namibia’s oil, where only one supermajor has yet to join the race: As the scramble for Namibian oil heats up, four of world’s five largest listed oil companies -known as the super-majors- have now entered Namibia’s red hot orange basin with only ExxonMobil yet […]
Read more »Via Bloomberg, a report on one Belgian entrepreneur’s large scale investment plans for Namibia’s green hydrogen industry: CMB expects $3.5 billion of investment in five years Namibia is seeking to tap abundant sun, wind for hydrogen Cie Maritime Belge SA, a Belgian shipping company, expects green hydrogen production in Namibia to start in the fourth […]
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