Renewable Energy

World Bank Economic Initiatives Propel Namibia to Prosperity

Josef Kefas Sheehama The implementation of key long-term strategies, such as the National Development Plans (NDPs) and Harambee Prosperity Plans (HPPs), to advance Vision 2030 as a vehicle to industrialise the nation, as well as the country's growing poverty, insecurity, and fragility developmental goals and the increasing risks associated with climate change, have made it imperative to accelerate Namibia's development. Namibia's New Country Partnership Framework (CPF) which is part of […]

20 January, 2025

Business / Economics

Green Hydrogen programme attracts N$3.6 billion in investment

The Namibia Green Hydrogen Programme has taken a significant leap from concept to implementation, securing N$3.6 billion in investments. Of this, N$1.6 billion has already been injected into the economy, signaling promising growth prospects for the nation. Speaking on the progress, spokesperson Jona Musheko highlighted the programme's commitment to local empowerment and skills development. He noted that “High Iron Oshivela has installed 42,000 solar panels, with the work being carried […]

17 December, 2024

Business / Economics

Green Hydrogen Program Accelerates Progress

Jona Musheko, spokesperson for the Namibia Green Hydrogen Program, hailed 2024 as a landmark year for the sector. He highlighted the transition from concept to implementation, with $3.6 billion in commitments and $1.6 billion already injected into Namibia's economy. In an interview with us, he added this:

17 December, 2024

Business / Economics

S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola

S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy:

13 December, 2024

South Africa

S.A’s Cabinet Lauds Energy Action Plan for Sustained Power Supply

The South African Cabinet has commended the successful implementation of the national energy action plan, led by Electricity and Energy minister, Kgosientsho Ramokgopa. The plan has contributed to 252 continuous days of power supply, and a saving of 17.37-billion-rand. In her media address, minister in the Presidency Khumbudzo Ntshavheni said cabinet was also updated on Eskom’s progress with the successful rollover of 5.5-million prepaid meters:

6 December, 2024

Africa

Joe Biden’s Angola visit targets multinational railway project

US President Joe Biden has embarked on his long-awaited first visit to sub-Saharan Africa during his presidency, arriving in Angola amid uncertainty over the future of US-Africa relations, as former President Donald Trump prepares to run again in the upcoming elections. Biden's visit focuses on trade and heavy investment in infrastructure, particularly in Angola’s oil-rich regions, with analysts suggesting that this move is aimed at countering China’s growing influence on […]

3 December, 2024

Environment

NamWater secures funds for climate-resilient water systems

The Namibia Water Corporation has secured N$249 million in funding for the Ohangwena Aquifer, upgraded water systems, and technical support. The national water utility announced on Monday that the funding includes N$192 million for a climate-resilient water supply and N$57 million for energy-efficient systems, solar power, and staff training. This significant investment follows the signing of three grant agreements between Germany and Namibia, valued at a total of €20 million (approximately […]

3 December, 2024

Business / Economics

France’s TotalEnergies pauses Adani investments

French oil giant TotalEnergies has halted its investments into Adani Group amid bribery allegations against the Indian conglomerate. US authorities have accused billionaire Gautam Adani and other executives of paying more than $250 million in bribes to government officials to win solar energy contracts. Rebecca Bundhun reports from Mumbai.

26 November, 2024

Business / Economics

Expert Highlights Namibia-China Partnership for Economic Growth

Josef K. Sheehama, nominated by the China Embassy in Namibia, attended a seminar on Chinese Modernization and African Development in Anhui, China. He business expert Namibia’s potential for food security and discussed the growing China-Namibia partnership in renewable energy and digital connectivity.

22 November, 2024