Analysts say that the swift implementation of dry ports and railway upgrades in Namibia has the potential to significantly transform the country’s economic outlook, positioning it for success amidst anticipated developments in the oil and gas sector. Capricorn Asset Management Chief Economist Floris Bergh said that for Namibia’s economic future, the potential of dry ports...
By Staff Reporter WALVIS BAY, Aug. 22 — Namibia is planning to expand its ports to support the country’s booming energy industry. The government has announced plans to invest $2.1 billion in new berths and quay walls at the Port of Walvis Bay, the country’s major port. The expansion is also expected to include the...
Following oil and gas discoveries in Namibia’s orange basin, the Namibian Ports Authority (Namport) has revealed massive plans for expansion of the Ports of Walvis Bay and Luderitz which will be predominantly driven by partnering with the private sector. Affirming this, Chief Executive Officer, Andew Kanime last week highlighted that Namport will collaborate with private...
Staff Reporter THE ports of Walvis Bay and Lüderitz lack sufficient capacity to support the development phases of the country’s oil and gas industry in the long term. This revelation comes from Andrew Kanime, the Chief Executive Officer (CEO) of the Namibian Ports Authority (Namport), who recently addressed the Oil and Gas Conference regarding this...