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NamPower has secured N$2.6 billion in funding from the World Bank to expand its transmission network and integrate renewable energy into the grid.

Namibia: N$2.6 billion World Bank energy infrastructure expansion fund for NamPower

(3 Minutes Read) NamPower has secured N$2.6 billion in funding from the World Bank to expand its transmission network and integrate renewable energy into...
TotalEnergies Faces Probe over 2021 Mozambique Terror Attack

TotalEnergies Faces Probe over 2021 Mozambique Terror Attack

(3 Minutes Read) British and South African complainants accuse TotalEnergies of failing to take steps to ensure the safety of subcontractors during the attack. French prosecutors...
Namibia’s Benguela Blue Aqua Anticipates its First Salmon Farming Harvest in 2026

Namibia’s Benguela Blue Aqua Anticipates its First Salmon Farming Harvest in 2026

(3 Minutes Read) Benguela Blue Aqua Farming, a company focused on aquafarming, is targeting to start its salmon farming operation in the fourth quarter of...
Bank of Namibia Ties Up with Indian Public Sector Company to Develop Instant Payment System

Bank of Namibia Ties Up with Indian Public Sector Company to Develop Instant Payment...

(3 Minutes Read)  The Bank of Namibia (BoN), the Namibian apex bank tied up with the National Payments Corporation of India’s (NPCI) international arm, NPCI...

Hertz Energy of Namibia on a Uranium Trail

(3 Minutes Read) With notable uranium operations such as the Husab and Rossing mines already established in the region, Namibia stands as a key player...
South Africa’s Eskom Upbeat on Energy Generation

South Africa’s Eskom Upbeat on Energy Generation

(3 Minutes Read) South African Electricity Minister Kgosientsho Ramokgopa recently expressed optimism about the state of Eskom's energy availability factor (EAF), citing a climb to...

New Banknotes in Zimbabwe Put in Circulation Nation-Wide

(3 Minutes Read) By directives from authorities, individuals will be permitted to withdraw up to ZiG 3,000 per week, while companies can withdraw up to...
Zambian Government Pledges K1 Billion to Shore Up Depositors’ Confidence Investrust Bank in -Possession

Zambian Government Pledges K1 Billion to Shore Up Depositors’ Confidence Investrust Bank in...

(3 Minutes Read) At the point of taking over the bank, it had an estimated insolvency rate of K850 million. In addition, Investrust Bank-in-Possession had...
Zambia Signs Deal with IRH to Revamp Mopani Copper Mines

Zambia Signs Deal with IRH to Revamp Mopani Copper Mines

(3 Minutes Read) The US$1.1 billion investment from IRH marked a significant milestone, being the first substantial investment from the UAE in Zambia, with more...

Zambia Faces Maize Shortages

(4 Minutes read) Zambia is in talks with Uganda for a possible supply of more than 500,000 metric tonnes of maize to replenish its depleted...

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