The Autonomous Province of Vojvodina in Serbia and Namibia’s Khomas Region have signed a letter of intent to deepen cooperation in key areas including energy, agriculture, economy, culture, tourism, youth, sports, and environment.
Namibia Power Corporation (NamPower) has successfully listed a N$5 billion bond programme on the Namibia Securities Exchange (NSX).
NamPower, partnering with Nedbank Namibia and Cirrus Securities, announced this on Thursday in Swakopmund.
Botswana has launched a 500MW solar photovoltaic plant alongside a 500MWh battery energy storage system in the Ngamiland District. This project aims to reduce dependence on electricity imports and position Botswana as a net electricity exporter by 2030.
The Southern African Development Community (SADC) has called for the rapid conclusion of financing negotiations for the Angolan portion of the Angola/Namibia Power Interconnector. This project involves constructing a 166km, 440kV transmission line linking the Kunene substation in Namibia to Cahama in Angola.
Fuel prices will rise effective 1 April 2026 due to surging global oil prices.
The government says it remains committed to ensuring a stable, reliable, and secure supply of essential resources while proactively addressing risks.
Experts from Africa are meeting at Swakopmund for the 22nd Annual Conference and General Assembly of the African Forum for Utility Regulators to deliberate on the future of utility services.
Following recent oil discoveries, Namibia continues to seek guidance from countries with established petroleum industries, such as Norway, to gain experience in managing the sector effectively.
Industries, Mines, and Energy Minister Modestus Amutse has highlighted that while expanding access to electricity remains a national development priority, the cost of such an exercise remains a concern.
The National Petroleum Corporation of Namibia (Namcor) has refuted reports of supplying substandard fuel to Botswana and local markets.
The company stated that claims published in a local newspaper are incorrect and malicious.
Motorists can expect some relief at fuel pumps this week, as petrol prices will drop by one dollar per liter, while both diesel grades will decrease by 50 cents per liter, effective Wednesday.
