Surge in Exploration License Applications Raises Concerns

Surge in Exploration License Applications Raises Concerns

Minister of Mines and Energy, Tom Alweendo reported a significant increase in exploration license applications, with over 600 by December 2023 and an additional 400 since January 2024. Speaking at the 2024 Mining Expo and Conference, he acknowledged delays in processing due to the high volume and highlighted issues with some applicants lacking the necessary capabilities. To address this, the ministry will now award licenses only to those meeting stringent […]

August 8, 2024 13

Namibia

Government Allocates N$365 Million to Subsidize Electricity, Cancels Tariff Increase

Amid public pressure, the government has decided to allocate N$365 million to subsidize electricity consumers for the 2024/25 financial year, maintaining the current tariff of N$1.98 per kilowatt-hour instead of increasing it to N$2.14. The decision, announced after consultations led by Minister of Mines and Energy Thomas Alweendo with the Electricity Control Board. Shaun Gariseb of Katutura's Residents Committee spoke with us. Political Analyst and Professor Ndumba Kamwanya also […]

July 4, 2024 27

Africa

Namibia to host Inaugural Global African Hydrogen Summit 2024

As part of Namibia’s COP28 programme, the Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), DMG events and Vasco Da Gama Energy on 06 November 2023 officially launched the inaugural Global African Hydrogen Summit (GAh2S), to be hosted in Windhoek on 03 – 05 September 2024. Themed “From Ambition to Action: Fuelling Africa’s Green Industrial Revolution”, the three-day Summit will convene heads of […]

December 12, 2023 17