Energy – Windhoek Observer

07 Dec

NNN says Amutse is the ‘right man’ for mines and energy ministry

Energy, Uncategorised

Justicia Shipena President Netumbo Nandi-Ndaitwah says Modestus Amutse’s leadership record at regional level strengthens the experience he brings to his new role as minister of industries, mines and energy. Amutse’s appointment took effect on 2 December 2025. According to Nandi-Ndaitwah, Amutse's background positions him well to “administer and execute the functions of the government” at a critical time for the country. She said the appointment follows the recent regional and local authority elections, where Namibians reaffirmed their trust in Swapo. She said the eighth administration is focused on quality service delivery, accountability and the implementation of national priorities. “This appointment…

19 Nov

Nedbank names new energy leader to its board

Energy, Observer Money

Staff Writer Nedbank Group has appointed energy executive George Njenga to the boards of Nedbank Group and Nedbank Limited as an independent non-executive director, effective 1 December 2025. He will also join the bank’s Sustainability and Climate Resilience Committee. Njenga has more than 30 years of experience in renewable energy, power generation, and large infrastructure projects across Africa, the Middle East, and Asia. He is the executive chairman of Lake Turkana Wind Power, Sub-Saharan Africa’s largest wind energy project. He has also served as CEO of A.P. Moller Capital’s East Africa platform and led GE Renewable Energy’s Grid and Hydro…

19 Nov

Rising nuclear investments to accelerate industry growth

Energy, Observer Money

Chamwe Kaira Paladin Energy chairman Cliff Lawrenson says the expansion of nuclear capacity in many countries will drive industry growth, especially in the 2030s. He said a new uranium supply takes more than a decade to reach the global market because of strict approval systems, and in some countries with large resources, such as Australia, restrictive public policies also limit development. Lawrenson said more nations are investing in new or expanded nuclear power to meet decarbonisation and energy security goals. He noted that while European countries are focused on transforming their energy mix, the United States is prioritising nuclear energy…

19 Nov

From discovery to delivery: Strategic readiness for Namibia’s first oil

Energy, Observer Money, Opinions

Nelson Lucas Namibia stands on the cusp of a transformative era. With recent oil and gas discoveries positioning us as a potential energy powerhouse in sub-Saharan Africa, the path to first oil is no longer a distant vision; it is a fast-approaching reality. But the journey from discovery to production is not automatic. It demands readiness, collaboration, and strategic decision-making at every level of our economy and society. Our trajectory can draw valuable lessons from countries like Guyana, which moved from discovery to first oil in just four years, a world record in the oil and gas sector. Their success…

27 Oct

OBSERVER DAILY | Oil Dreams and Hard realities: Namibia must demand good jobs from foreign investment

Editorial, Energy, Featured, Opinions

Namibia’s growing oil and gas ambitions have once again come under scrutiny, and rightly so. The Institute for Public Policy Research (IPPR) has sounded a sober warning that, despite the euphoria surrounding recent discoveries, the promise of thousands of jobs may not materialise as projected. In a country where unemployment hovers around 33%, and where the youth, the majority of the population, bear the brunt, it is not just a question of how much oil lies beneath our seabed, but whether that wealth will translate into decent, sustainable livelihoods for Namibians. The mirage of job creation According to government projections,…

14 Aug

Nandi-Ndaitwah vows to guard citizens’ share of oil wealth

Energy, National News

Justicia Shipena Namibia will not tolerate practices in the oil and gas industry that deny citizens their fair share of benefits, President Netumbo Nandi-Ndaitwah has warned. She said the government will strictly monitor activities to ensure compliance with laws, regulations, and the local content policy. Nandi-Ndaitwah made the remarks at the Namibia Oil and Gas Conference on Wednesday in a speech delivered on her behalf by Kornelia Shilunga, head of the Upstream Petroleum Unit in the Presidency. The third edition of the conference draws 1,161 delegates and 73 exhibitors and takes place in Windhoek under the theme “From Exploration to…

04 Aug

Central valley to undergo GH2 impact assessment in September

Energy, National News

Justicia Shipena The strategic environmental and social assessment (SESA) for green hydrogen production in the country’s central valley is set to begin in September. The contracting for SESA is expected to be finalised this month. “We are at the end of the procurement process. Hopefully this week we are going to open some financial envelopes and see what that looks like, and we hope to be contracting in August so that it can start in September,” said Eline van der Linden, head of impact and ESG at the Namibia Green Hydrogen Programme (NGH2P), during a press briefing on Friday. The…

18 Jul

Fuelgate: Wealthy Malakia fears N$18m loss over arrest

Energy, Main

Hertta-Maria Amutenja Businessman Malakia Elindi, who is worth N$118 million, claims his arrest could cost him to lose N$18 million in a mining deal with a foreign investor. Malakia, one of the accused in the Namcor corruption and bribery case, made this revelation during his ongoing bail application in the Windhoek Magistrates Court this week. He told the court that he was about to finalise an investment agreement for uranium (EPL 8289) through his company, Zoya Minerals CC, when he was arrested. “I was also in pain with the timing of the arrest. I was just on the verge of…

14 Jul

Energy conference rolls out career platform for youth

Energy, National NewsFuture Generations Masterclass, Namibia Oil and Gas Conference, Namibia Youth Energy Forum

Staff Writer The third Namibia Oil and Gas Conference (NOGC 2025) will introduce a half-day programme aimed at preparing young Namibians for careers in the country’s energy sector. The new initiative, Future Generations Masterclass, was launched in partnership with the Namibia Youth Energy Forum (NYEF). It designed to equip students, graduates, and young professionals with the skills and knowledge needed to navigate the evolving oil and gas industry. The conference, which runs from 12 to 15 August in Windhoek, is themed “From Exploration to Action – Positioning Namibia as the Next Energy Frontier”. It will feature global energy leaders, investors,…

26 Jun

Oil, dollar fluctuations affect Namibia

Energy, Observer Money

Chamwe Kaira Namibia takes a direct hit whenever oil prices rise or the US dollar strengthens on global markets. The country imports all its refined fuel, has no domestic refining capacity, and holds only modest foreign currency reserves. According to a report by Simonis Storm Securities, these external shocks drive up imported inflation and widen trade imbalances. The firm estimates that a sustained 10% rise in Brent crude prices increases Namibia’s headline inflation by between 0.8 and 1.2 percentage points. The impact depends on how fast the higher costs filter through and how stable the currency remains. “The Namibia dollar…