By Angelique Peake and Olavi Hangula “Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thriving ecosystem of opportunity and prosperity...
By Angelique Peake and Olavi Hangula. “Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thriving ecosystem of opportunity and prosperity...
“Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thriving ecosystem of opportunity and prosperity for generations to come.” – Angelique...
President Nangolo Mbumba says Namibia’s partnership with the European Union (EU) is not just over the natural resources but also the bond created that serves as a motivation to succeed in implementing agreements. In 2022, Namibia and the European Union signed an agreement to develop a strategic and detailed hydrogen roadmap as well as identify...
Namibia, a country with a rich tapestry of cultures and history, reached a watershed moment on 21 March 1990, when it gained independence from the South African apartheid regime, transforming the country into a beloved symbol of international solidarity. This moment was more than just a geopolitical shift: It catalysed societal transformation, paving the way...
The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hotspot for hydrocarbon investment in recent years. Energy Capital and Power, an investment company for the energy sector said meanwhile the country’s ambition to become a global hub for green hydrogen development, on the back of abundant, co-located solar and wind...
Staff Reporter WINDHOEK, November 25 — The collaboration between the European Union (EU) and Namibia to drive green industrialization and decarbonization through renewable hydrogen production and raw materials is a promising endeavour. This partnership not only addresses the EU’s energy security needs but also supports Namibia’s economic growth and sustainable development. However, for its effectiveness...
The Global tourism industry, contributing approximately 10% to the global gross domestic product (GDP), holds immense significance. In Namibia, tourism and hospitality contribute N$7,7 billion, equivalent to 3,7% of nominal GDP, with an indirect contribution of N$24,8 billion or 12,0%. Despite its importance, the industry faced severe setbacks due to the Covid-19 pandemic, necessitating strategic...
By Josef Kefas Sheehama. The global tourism industry, contributing approximately 10% to global GDP, holds immense significance. In Namibia, tourism and hospitality contribute N$7.7 billion, equivalent to 3.7% of nominal GDP, with an indirect contribution of N$24.8 billion or 12%. Despite its importance, the industry faced severe setbacks due to the COVID-19 pandemic, necessitating strategic...
By Josef Kefas Sheehama The global tourism industry, contributing approximately 10% to the global GDP, holds immense significance. In Namibia, tourism and hospitality contribute N$7.7 billion, equivalent to 3.7% of nominal GDP, with an indirect contribution of N$24.8 billion or 12.0%. Despite its importance, the industry faced severe setbacks due to the COVID-19 pandemic, necessitating...