Namibia

The year began on a good note for Namibian multimillionaire businessman Koos Brandt as he recorded a $3.9 million increase in his stake in Namibia-based investment firm Capricorn Group Limited. It was reported to have increased as the group’s share continued to rise on the Namibian Stock Exchange since the…

Osino Resources Corp. provided an update on the recently completed infill and step-out drill program at the Twin Hills gold project, Namibia. Twin Hills includes five distinct zones of mineralization, including Bulge, THC, THW, Clouds and Clouds West. Highlights included 14,428 metres of drilling completed since prior mineral resource estimate…

Africa February 24, 2023 9:21 PM Anita Powell Embed US First Lady Rallies for Freedom, Women’s Empowerment During Africa Visit Embed The code has been copied to your clipboard. width px height px The URL has been copied to your clipboard No media source currently available 0:00 0:03:57 0:00 Download…

Namibian] About 20 owners of small businesses at Oshakati say they have been left without an income after the Oshakati Town Council allegedly sold the property where they used to operate their businesses...

LONDON, March 01, 2023 (GLOBE NEWSWIRE) — The world’s latest investment migration option — and Africa’s second — the Namibia Residence by Investment Program has been launched by Henley & Partners, the global leaders in residence and citizenship planning. The Namibian government is actively seeking foreign investment to boost the…

US First Lady Jill Biden is currently in Namibia for a two-day visit. She landed in Windhoek—the capital—on Feb. 22, and will proceed to Kenya on Feb. 24. This is her sixth visit to Africa. “Our world is connected—what happens oceans away, affects us all,” Biden tweeted. “We will honor…

Namibia’s state-owned oil company NAMCOR has made a third oil discovery with partners Shell (SHEL.L) and QatarEnergy in the Jonker-1X deepwater exploration well, in the Orange Basin offshore southern Namibia, it said on Monday. New discoveries could make Namibia, the southern neighbour of OPEC member Angola, another oil producer along…

A YOUNG couple is currently on the move, revamping old bus stops in Windhoek. A teacher by profession, Kat Stahl, and game designer Wynand Lens spend their free time giving the capital's old bus stops a makeover. Stahl says they decided to change the look of the bus stop near…

An announcement said that the country will showcase investment opportunities in the mining sector at 2023 Invest in African Mining Indaba, which kicked off from 6 to 9 February in Cape Town, South Africa. The Indaba presents a unique opportunity for Namibia to exhibit its investment prospects in the mining…

China completed its section of Namibia’s railway on time despite years of setbacks from COVID restrictions and other supply chain delays. The Chinese-funded part of the upgrade, which is expected to cut transportation times in half, is part of the Southern African country’s push to export key resources like cobalt…