RIYADH – Saudi Arabia yesterday opened a major investment conference featuring heads of state and the global business elite as it seeks support for its sprawling “gigaprojects” and sky-high AI ambitions. Chinese Vice President Han Zheng, joined by several ministers and more than 150 business leaders, and Syria’s interim president are among the guests at...
Grant Muller of the Namibia Green Hydrogen Association and Eduardo Rodriguez of the Namibia Petroleum Operators Association co-chaired the Energy, Oil, Gas and Green Hydrogen Working Group said Namibia is on the brink of an economic transformation that could redefine its future. Massive projects in green hydrogen, oil and gas, and renewable energy are set...
Namibia has done it again! The World Association of Investment Promotion Agencies (WAIPA) has announced that the Namibia Investment Promotion and Development Board (NIPDB) has been selected as the Winner in the WAIPA Investment Excellence Awards 2025, under the Innovative Investment Promotion Campaign category. This prestigious recognition was conferred during the awards ceremony, on the...
In a defining moment for Namibia’s burgeoning energy sector, London-based GRIT Investment Trust Plc (GRIT) has announced a proposed strategic reverse takeover to acquire Nabirm Global LLC. This landmark partnership arrives as Namibia solidifies its position as the world’s next great energy frontier, coinciding with President Netumbo Nandi-Ndaitwah’s decisive actions to ensure the highest standards...
They say good food warms the heart and every great business begins with a simple idea and a spark of passion. For Rauha Ndaafetwa Simon, better known as Kaleni, that spark was found in her kitchen. What started as a love for cooking has grown into Kaleni Catering, a flourishing small business that now feeds...
Namibia has made notable progress in clearing its financial regulatory landscape and is now fast approaching the termination of its grey listing by the Financial Action Task Force (FATF). Exiting the FATF grey list would mark a major economic and reputational victory for Namibia, restoring full international confidence in its financial system and easing scrutiny...
The Namibia Special Risks Insurance Association (Nasria) has announced another year of strong financial results, good governance and progress in its regional expansion plans. In a statement released last week, the association said it was pleased with its achievements for the 2024/2025 financial year. “Nasria is pleased to announce another year of strong financial performance,...
Namibia’s manufacturing leaders have called for urgent government action to reduce production costs, improve incentives and speed up industrial reforms to make the country more competitive under the African Continental Free Trade Area (AfCFTA). These calls were made during the Namibia Public-Private Forum on Manufacturing and Value Addition last week. During the presentation, Stephanus Ackermann...
The National Petroleum Corporation of Namibia (Namcor) together with its joint venture partners, TotalEnergies EP Namibia, QatarEnergy International, and Impact Oil & Gas have engaged in the second phase of the Environmental and Social Impact Assessment (ESIA) stakeholder engagement for the development of the offshore oil discovery. The consultations form part of the ESIA process. ...
Airlink, Southern Africa’s privately-owned airline, is scheduled to launch its new Johannesburg-Zanzibar route in June 2026. Tickets are now on sale for flights to the Tanzanian island, which is famous for its spices, beaches, forests and marine life and resorts. Its Unesco-listed historical Stone Town with its maze of streets featuring mosques, churches, bazaars, villas,...