The African Energy Chamber (AEC) has announced that President Hage Geingob will deliver the opening keynote address at African Energy Week (AEW) 2023, scheduled to be held in Cape Town from October 16th to 20th.
As part of his address, President Geingob will provide crucial insights into his administration’s priorities and action plan for advancing energy security in Africa, according to the AEC.
“President Geingob will articulate Namibia’s vision of an energy renaissance. This vision encompasses the dynamic growth of the nation’s oil and gas sector, alongside its promising advances in green hydrogen development, and how these resources will create an energy-secure and resilient future for southern Africa,” AEC said on Tuesday.
Namibia has witnessed significant developments between 2022 and 2023, including five oil and gas discoveries – Venus-1X in PEL 56, made by TotalEnergies EP Namibia and its associates, and Graff-1, Jonker-1X, La Rona-1, and Lesedi-1X in PEL 39, jointly made by Shell Namibia Upstream BV and its collaborators.
The discoveries have positioned the country as an attractive investment opportunity and an increasingly important oil and gas market for Africa.
Furthermore, Namibia is making progress with its natural gas agenda by prioritizing gas-based power generation and investment through the Kudu gas project.
The project aims to use offshore natural gas reserves for generating electricity, enhancing the country’s energy sources, and reducing its dependence on imported power.
Beyond oil and gas, Namibia is rapidly becoming a global hub for renewable energy projects. Hyphen Hydrogen Energy has entered into a Feasibility and Implementation Agreement with the Namibian government to advance its US$10 billion green hydrogen project.
The project is projected to generate an annual output of two million tons of green ammonia and will involve deploying approximately 3 GW of electrolyzers fuelled by 7 GW of renewable energy sources.
“As we look to the future of energy in Africa, Namibia stands as a shining example of what can be achieved through visionary leadership and a commitment to sustainable development. Under President Geingob’s guidance, Namibia’s energy sector has become a beacon of opportunity, attracting major investments and driving innovation. The country’s focus on regulatory clarity, environmental responsibility, and green energy initiatives sets a precedent for the entire continent. Namibia’s journey in the energy sector is a testament to the transformative power of strategic leadership and collaboration on the path to a brighter, more energy-secure Africa, where we can Make Energy Poverty History,” said NJ Ayuk, Executive Chairman of the AEC.
AEW is the African Energy Chamber’s annual conference, exhibition, and networking event.
