Ad Top Banner

Economy (665)

The Government and Hyphen Hydrogen Energy on Monday launched the socioeconomic development (SED) framework for Namibia's landmark US$10-billion green hydrogen project.

Mobile Telecommunications Limited (MTC) and the MVA Fund have handed over four classrooms and one storeroom constructed at a cost of N$1.2 million to Kahunikwa Primary School in the Zambezi Region.

Oil and gas exploration company Eco Atlantic is currently in discussions with "at least" three companies expressing interest in acquiring significant stakes in its four prospective offshore licenses in Namibia's Walvis Basin.

Namibia Airports Company (NAC) has identified outdated infrastructure at the country’s airports as a major root course of challenges faced by passengers with disability during air travel.

Namibia is set to generate N$330 million in annual land rentals once operations commence at Hyphen Hydrogen Energy (Hyphen) for a 40-year period for the green hydrogen development company’s billion-dollar project. 

Namibia and South Africa are not in competition when it comes to producing hydrogen energy, German renewable energy technology company Enertrag business case development manager Jonathan Metcalfe has said.

 The Ministry of Industrialisation and Trade has officially launched the country’s first national barcode system, 631 GS1 Namibia.

The Electricity Control Board (ECB) says tariff adjustments are necessary to ensure the security of power supply in the country.

Namibia was the top African country in attracting foreign direct investment (FDI) inflows last year according to the latest FDI Greenfield Index.

The UK Government has introduced a visa requirement for all Namibian nationals intending to travel to the United Kingdom, including those visiting the country, with immediate effect.