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Tag: Namibia

Namibia introduces visa requirement for western travellers

Namibia will soon require visas for visitors from countries that mandate visas for Namibians, including Canada, the US, the UK, and Germany. This new policy, effective April next year, aims to ensure fairness in diplomatic relations, as stated by Namibia’s immigration ministry. Michelle Nehoya, a Namibian who spent nearly $500 on a yet-to-be-approved visa to…
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July 27, 2024
Land dispute threatens to derail Namibia’s energy hub plans

A dispute in Namibia over access to diamond-rich land around the town of Luderitz is now threatening to derail major energy projects, state and company officials said as the government steps up efforts to resolve the dispute. Any protracted delays may scare off investors at a crucial time for Namibia, as it aims to accelerate…
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July 26, 2024
Eight African countries make top 10 diamond-producing countries globally

Eight African nations secured positions within the top ten diamond-producing countries worldwide in 2023, highlighting Africa’s significant contribution to the global diamond industry. Africa is renowned for its wealth in valuable minerals essential for economic development, such as gold, copper, and platinum. The continent holds about 30% of the world’s total mineral reserves, impacting various…
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July 26, 2024
Namibia establishes national minimum wage to combat inequality and poverty

🇳🇦 Namibia’s Cabinet has approved a decision by the Minister of Labor, Industrial Relations and Employment Creation (MLIREC) to implement a national minimum wage (NMW) starting in January 2025, according to local media reports. The NMW will be set at 18 Namibian dollars (approximately $0.96) per hour and will be reviewed after two years, according…
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June 5, 2024
Zimbabwe’s Mukuyu gas field ranked as the second-largest field discovered in sub-Saharan Africa in 2023

The largest gas field discovered in sub-Saharan Africa in 2023 was Namibia’s Jonker-1 field. “Having the Mukuyu discovery independently recognized as one of the largest discoveries in 2023 and acknowledged among several multinationals confirms our confidence in the quality and scale of this new gas field in Sub-Saharan Africa,” said Scott McMillan, Managing Director of…
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May 25, 2024
Namibia Encouraged to Join OPEC Amidst Oil Discoveries

🇳🇦 The Organization of the Petroleum Exporting Countries (OPEC) is actively enticing Namibia to become a member, offering support to bolster the southern African nation’s emergence as a significant oil producer. “We are encouraged by the potential of the Namibia-OPEC partnership and stand ready to offer support at this crucial time,” stated OPEC Secretary General…
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April 25, 2024
Namibia oil discovery outlook

🇳🇦🛢 Namibia and South Africa are two of the world’s most unequal societies in terms of income and wealth distribution, with Gini index scores of 59.1 and 63, respectively. Together with Zambia, they are three members of the Southern Africa Development Community (SADC) among the four most unequal countries globally. ▪️The recent oil discovery in…
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March 27, 2024
TotalEnergies and Qatar Expand Namibia Oil Exploration Into South Africa

TotalEnergies and QatarEnergy are expanding their efforts to explore for oil and gas in the Orange Basin offshore Namibia by acquiring a nearby license in the basin in South African waters. TotalEnergies and its partner QatarEnergy have signed an agreement to buy participating interests in Block 3B/4B offshore South Africa from the companies Africa…
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March 7, 2024