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Namibia’s ambitions to become a leading green hydrogen and fossil fuel producer remain undeterred by the ruling party’s elective congress outcome, which saw Deputy Prime Minister and Minister of International Relations Netumbo Nandi-Ndaitwah elected Swapo Vice President, making her the front runner to lead the party in the upcoming general elections in 2024, analysts have said.

TSX Venture Exchange-listed exploration and mine development company Diamond Fields Resources has agreed to sell its Namibian diamond assets to Jean Boulle Diamond Mines.

The Development Bank of Namibia (DBN) has called for the remodelling of the country’s financing system to spur economic growth.

Namibia is set to participate in the piloting of the Single African Air Transport Market (SAATM), which is expected to see a 27% reduction in air fares, create close to 600,000 jobs and add US$4.2 billion to the continent’s gross domestic product.

Bank of Namibia Governor Johannes !Gawaxab says Namibia’s economy has turned the corner from the bleak 2016-2020 period that was marred by contractions where the domestic economy suffered negative growth.

TransNamib is betting on a planned partnership with Botswana's state-owned railway company, Botswana Railways, in the establishment of a dry port at Gobabis station to connect Namibia’s eastern neighbour to the Port of Walvis Bay to boost cargo volumes, including coal exports.

London Stock Exchange-listed firm, AfriTin Mining, says its exploration activities in Namibia have confirmed the presence of significant lithium, tin and tantalum mineralisation. 

 TotalEnergies is considering the possibility of bringing two rigs into Namibia to accelerate appraisal and exploration drilling of its oil find in the country later next year. 

Namibia Dairies, a subsidiary of the Ohlthaver & List (O&L) Group, has launched a new look for its Nammilk fresh and long-life milk after the company had moved production from South Africa earlier in the year. 

French hospitality group Accor, which has been given management rights for the Safari Hotels and Conference Centre following its acquisition by Kasada Capital Management last year, says it has embarked on a N$100-million phased refurbishment exercise for the hotel.  

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