Circular energy represents not only an environmental imperative but a significant economic opportunity. By embracing the circular energy approach, Namibia stands to reduce dependency on imports, stimulate local industries, create jobs, strengthen energy security and position itself as a regional leader in sustainable innovation. This was the sentiment expressed by Indileni Daniel, Minister of Environment,...
Namibia is becoming an increasingly attractive destination for energy investment. However, experts say that success depends on understanding the country’s laws and regulatory environment, as well as how deals are structured. Namibia’s energy sector is governed by a range of laws and regulations designed to support investment and ensure sustainable development. Key legal frameworks include...
Nedbank Namibia and Nedbank Corporate and Investment Banking (CIB) have reaffirmed their commitment to supporting Namibia Power Corporation’s (NamPower) – Namibia’s national scale power utility provider – energy transition through sustainable, transparent and longterm framework financing solutions at the 2026 Cirrus Investor Conference, where the strategic partnership with NamPower was highlighted. The Cirrus Investor Conference,...
The Namibia Deposit Guarantee Authority (NDGA) has increased the deposit protection limit to N$50 000, following strong growth in its fund, which reached N$40.1 million by the end of 2025. The announcement was made on Thursday during the release of the NDGA’s latest annual report. The report outlines the Authority’s operations, governance and financial performance,...
TotalEnergies is ramping up its global energy exploration, investing about US$1 billion (more than N$16 billion at current rates) each year. This is as new offshore discoveries position Namibia as one of the world’s most promising oil and gas frontiers. Senior Vice President for Africa Mike Sangster this week said the company’s success depends not...
The Communications Regulatory Authority of Namibia (CRAN) continues to advance Namibia’s digital inclusion agenda by implementing the Universal Service Fund (USF) Phase 2 project. This initiative directly supports the priorities of the Sixth National Development Plan (NDP6), which identifies digital infrastructure and universal connectivity as key enablers of inclusive economic growth, improved public service delivery...
PPS Insurance Namibia has allocated a record N$367.3 million to members’ PPS Profit-Share Accounts. This is the highest Profit-Share allocation in the history of PPS Insurance Namibia and adds to the accumulated N$1.8 billion in Profit-Share to members during the last decade. The PPS Profit-Share Account reflects the accumulated value of annual profit allocations made...
Namibia has sent a high-level team to China this week as part of efforts to grow its renewable energy sector and support green industrial development. The visit to China is funded by the Global Wind Energy Council, an international body that represents more than 1 500 companies in over 80 countries. The delegation was led...
The Central Procurement Board of Namibia (CPBN) has moved to overhaul how bid evaluators are appointed. This was done by introducing stricter procedures in what appears to be a direct response to mounting public pressure for transparency, accountability and delays in the country’s public procurement system. In a statement issued this week, CPBN spokesperson Johanna...
Namibia Power Corporation (NamPower), in partnership with its two co-lead arrangers, Cirrus Securities and Nedbank Namibia Limited, yesterday successfully listed a N$5 billion Domestic Medium-Term Note (DMTN) Programme on the Namibia Securities Exchange (NSX). The N$5 billion medium-term note programme has been specifically designed to allow a range of notes to be issued under it. ...