Opinion
Abundant mineral resources to ‘turbo-charge’ Namibian economic growth
Namibia’s $14 billion economy is endowed with an abundance of natural resources that could help turbo-charge its economic prospects.
Namibia’s $14 billion economy is endowed with an abundance of natural resources that could help turbo-charge its economic prospects.
Namibia’s decision to grant the green light to proceed with the drilling of its proposed Osprey offshore well has been hailed as further confirmation that investor appetite for exploration in both offshore and onshore Namibia remains robust.
Oil industry insiders are extremely upbeat about the prospects of finding hydrocarbons in the frontier territory of Namibia as the arc of discovery continues.
Our collaborative partner, Gravionic GmhH, a specialist in the development of complex sensor systems, has been awarded a €376,000 grant from the German government.
Southern Africa-focused oil and gas explorer Africa New Energies (ANE) hailed the decision by Namibia’s Ministry of Mines and Energy in June.
Africa New Energies has honoured a commitment to ensure that the indigenous peoples living on its concession in Namibia receive a material stake in its fortunes.
Africa New Energies (ANE) was invited by the Namibian government to assess the viability of building a 250 MW concentrated solar power (CSP) plant in the South West African country.