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Namibia urged to invest in domestic power generation amid rising tariffs

WINDHOEK, July 8 (Xinhua) -- Namibia must take bold, nationally coordinated steps toward building its own power generation infrastructure to reduce its long-standing dependence on electricity imports and ease rising energy costs, NamPower Managing...

Dangote Refinery to construct 1.6 million-barrel fuel storage facility in Namibia  

Dangote Refinery to construct 1.6 million-barrel fuel storage facility in Namibia  

Dangote Petroleum Refinery is set to construct fuel storage tanks in Namibia, aiming to supply up to 1.6 million barrels of gasoline and diesel to southern African nations. The strategic move marks a major step in the refinery’s ambition to...

B2Gold Namibia to restructure and reduce the workforce at Otjikoto Gold Mine

B2Gold Namibia to restructure and reduce the workforce at Otjikoto Gold Mine

B2Gold Namibia will scale down employment by approximately 400 jobs at its Otjikoto Gold Mine by the end of 2025 due to a transition from open pit to underground mining. It will, however, continue to look for new projects in the country and has...

Agricultural output remains low as imports hit 100m …reduced harvest, poor marketing cited

Agricultural output remains low as imports hit 100m …reduced harvest, poor marketing cited

Namibia’s agricultural overall output remains low, as the country imported cereal grains worth about N$100 million during the first quarter of this year. This marks an increase of 66.3% when compared to the N$587.3 million recorded in the...

India, Namibia Call For Fast-tracking Trade Deal With South African Customs Union

India, Namibia Call For Fast-tracking Trade Deal With South African Customs Union

Home Africa India, Namibia Call For Fast-tracking Trade Deal With South African Customs Union India–SACU preferential trade agreement can be a transformative platform for regional trade, investment and value chain integration, PM Modi said India...

Consumers cut non-essential spending

Consumers cut non-essential spending

With households across Namibia faced by rising food, fuel and rent prices, financial survival strategies have become essential. The latest Consumer Price Index (CPI) figures released in June 2024 reveal that the price of fruits has risen by more...

Namibia’s growing drug crisis 

Namibia’s growing drug crisis 

OSHAKATI – Namibia’s drug crisis continues to deepen, with over N$160.6 million worth of dagga confiscated by law enforcement between January 2023 and July 2024. According to police data, drugs valued at N$49.3 million were seized in 2023,...

Joining the BRICS block is a smart strategy for Namibia

NAMIBIA: Namibia should capitalize on the economic and geopolitical opportunities provided by BRICS+, which will signify a strategic evolution, by establishing new economic pathways for the future, funding international development initiatives,...

Pioneer Lithium to acquire Gaobis uranium project in Namibia

Pioneer Lithium to acquire Gaobis uranium project in Namibia

Pioneer Lithium has entered a binding sale agreement for the acquisition of the Gaobis uranium project in southern Namibia from Ropa Investments (Gibraltar). The company will acquire 100% of the issued share capital of Tamarillo Investment, which...

Vedanta shares in focus after top mining & metals executive reportedly resigns

Vedanta shares in focus after top mining & metals executive reportedly resigns

Vedanta shares were in focus today after reports from Bloomberg said that a top executive heading the mining and metals division at Vedanta Resources has resigned. As of 10:47 AM, the shares were trading 1.01% lower at Rs 436.30. According to...

PM Modi’s Historic India‑Namibia Moment After 27 Years | Highlights

PM Modi’s Historic India‑Namibia Moment After 27 Years | Highlights

Prime Minister Modi made history as the first Indian PM in 27 years to visit Namibia. He received a warm cultural welcome, addressed Namibia’s Parliament to chants of 'Modi, Modi', signed key MoUs across tech, defence, energy and UPI rollout, and...

Namibia- Oil Exploration Drives Namibia's Foreign Investment to N$13.9 Billion

Namibia- Oil Exploration Drives Namibia's Foreign Investment to N$13.9 Billion

Ongoing oil exploration and appraisal activities have propelled Namibia's net foreign direct investment (FDI) to N$13.9 billion in the first quarter of 2025, according to the Bank of Namibia. The surge represents a 28.8% increase from the previous...

B2Gold Namibia sets sights on Antelope deposit …as it scales down take operations underground 

B2Gold Namibia sets sights on Antelope deposit …as it scales down take operations underground 

Canadian miner B2Gold Namibia will scale down employment by approximately 400 jobs at its Otjikoto Gold Mine by the end of 2025 due to a transition from open pit to underground mining. It will, however, continue to look for new projects in the...

Nigeria's Dangote refinery plans fuel storage tanks in Namibia, sources say

Nigeria's Dangote refinery plans fuel storage tanks in Namibia, sources say

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6-million barrels of petrol and diesel to supply refined fuel to Southern Africa, two sources told Reuters on Wednesday. The move underscores the...

Envoy states India wants essential minerals from Namibia

Envoy states India wants essential minerals from Namibia

(MENAFN) Windhoek, Rahul Shrivastava. Speaking to ANI ahead of Prime Minister Narendra Modi’s one-day visit to Namibia, Shrivastava emphasized the strong historical relationship between the two countries, noting that India was among the first to...

Modi! Modi! chants, standing ovation as PM addresses Namibian Parliament

Modi! Modi! chants, standing ovation as PM addresses Namibian Parliament

Windhoek: Prime Minister Narendra Modi received a standing ovation from lawmakers and chants of 'Modi, Modi' reverberated in the air as he began his address to the Joint Session of the Parliament of Namibia, on Wednesday. This was PM Modi's third...

WTO's Okonjo-Iweala calls for African reciprocal tariffs exemption

WTO's Okonjo-Iweala calls for African reciprocal tariffs exemption

When the World Trade Organisation’s girector general, Ngozi Okonjo Iweala, addressed the opening plenary session at the 4th Finance for Development Conference in Seville, she insisted that sustainable global development was still achievable even...

Namibia’s Brave Warriors to Host World Cup Qualifiers in Botswana

Namibia’s Brave Warriors to Host World Cup Qualifiers in Botswana

Maria David THE Namibia Football Association (NFA) has announced a significant partnership with the Botswana Football Association (BFA), which will see the Brave Warriors play all their home matches in Francistown, Botswana, with immediate effect....

Highlights from Namibia visit: PM Modi engages with Indian diaspora, receives cultural welcome, and conferred 27th international honour

Highlights from Namibia visit: PM Modi engages with Indian diaspora, receives cultural welcome, and conferred 27th international honour

After talks with President Dr Netumbo Nandi-Ndaitwah, PM Modi shared tweet post outlining the key pillars of bilateral cooperation. Digital technology, defence, critical minerals, healthcare, agriculture, education, and expressed gratitude for...

Nigeria's Dangote refinery plans 1.6 million barrels fuel storage tanks in Namibia, sources say

Nigeria's Dangote refinery plans 1.6 million barrels fuel storage tanks in Namibia, sources say

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6-million barrels of gasoline and diesel to supply refined fuel to Southern Africa, two sources told Reuters on Wednesday. The move underscores the...

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