Author: Staff Writer
ReconAfrica To Explore New Play In Kavango Basin
By: Staff writer Reconnaissance Energy Africa Ltd. (ReconAfrica) has applied for drilling permits to explore a new play in the Damara Fold Belt in southern and western parts of exploration license PEL 73, Kavango basin, Namibia. The belt, initially identified…
SADC Employment and Labour Ministers Call For Enhanced Measures To Create Decent Work
By: Staff writer Ministers of Employment and Labour of the Southern African Development Community (SADC) and Social Partners held their annual meeting in Kinshasa, Democratic Republic of Congo, from 30 to 31 March 2023 with a call for enhanced measures…
Namibia Exports N$2 Billion Diamonds In Feb … Precious stones, fish help cut back trade deficit
By:Staff writer Diamonds were Namibia’s largest exported commodity at N$2.0 billion in February. This accounted for 24.7% of all exports for the month, and mostly destined to Botswana, Belgium and the United Arab Emirates. Overall exports increased by 3.8% from…
Osino Partner Announces New Lithium Discovery And Phase 1 Drilling Results At Omaruru Lithium Project
By: Staff writer Osino Resources Corp. on Friday provided an update on its majority-owned Omaruru Lithium Project in central Namibia following the completion of a Phase 1 Reverse Circulation drill programme by Prospect Resources Limited. Osino entered into an…
TechnovationSocial – Accelerating Growth And Innovation In Namibia’s Cultural And Creative Industry
By:Staff writer The second edition of the TechnovationSocial, organised by the Namibia Investment Promotion and Development Board (NIPDB), took place in Windhoek on Friday The TechnovationSocial is an intervention aimed to drive the transformation of Namibia’s cultural and creative industry….
Namibia Looks East For Green Hydrogen Partnerships
By: Staff writer The administrator of the National Energy Administration of China, Zhang Jinhua, on Friday paid a visit to Namibia President Hage Geingob. The visit is aimed at establishing cooperation in the area of green hydrogen production. Namibia is…
Private Sector Debt Sees N$5,8 Billion Annual Increase
By:Staff writer Debt in the private sector, inclusive of Namibian households and corporates, together with non-residents has seen an annual increase of 5.1%. This is after it stood at N$118.9 billion for February, a N$693 million increase from January this…
Paratus Powers Equiano Cable System With Infinera’s ICE6 800G
By:Staff writer With the landing of the Equiano submarine cable in June of 2022 in Namibia, the Paratus Group has established a partnership with Infinera, a pioneer of advanced optical networking solutions, in order to provide better services in the…
Askari Metals Acquires Part Of The UIS Lithium Project
By: Staff writer Askari Metals Ltd on Thursday announced the completion of its acquisition of the 80% interest in EPL 8535, covering an area of approximately 195 km2 forming part of the Uis Lithium Project, located in Namibia. Pursuant to…
Fishing Sector Sees Export Increase
By:Staff writer The value of Namibia’s fish exports increased by 14.9% y/y in January 2023, compared to 21.5% y/y in December 2022. In November last year, the Minister of Fisheries and Marine Resources Derek Klazen said the fishing sector contributed…