News

  ConstructAfrica (https://ConstructAfrica.com) successfully convened its inaugural ConstructAfrica Industry Advisory Board Town Hall Meeting today, bringing together influential stakeholders from across Africa’s construction and infrastructure sectors.   The gathering marked a key milestone in the company’s mission to provide thought leadership, strategic insights, and actionable intelligence, for the construction and infrastructure sectors in African.  The African construction and infrastructure market is projected to reach approximately $2 trillion in 2025, driven by […]

  The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal Performance – as the continent aims to enhance energy security, reduce import dependence and maximize the value of its natural resources. The session will explore how the expansion of Africa’s downstream sector can strengthen supply chains, enhance refining capacity and drive sustainable economic growth through infrastructure investment […]

By: Hertha Ekandjo The Namibia Revenue Agency (NamRA) will host a special event on Monday to recognise and celebrate the most contributing and compliant taxpayers. This marks the fourth edition of the Taxpayer Trader Appreciation Day, an event that aims to honour those who have consistently met their tax obligations and contributed to Namibia’s revenue base. Steven Yarukeekuro Ndorokaze, NamRA’s Chief Strategic Communications Officer, explained that the selection process for […]

By: Hertha Ekandjo The Namibia Traffic Information System (NaTis) is set to move from traditional face-to-face bookings to an online booking system, according to Andrew Shafombabi, the Regional Manager for the Khomas region. Shafombabi confirmed that the idea has been in the works for some time and that the system has already been developed and tested, with only the implementation phase remaining. “We have already thought about the idea and […]

By Eric Mhunduru The newly appointed Namcor managing director, Victoria Sibeya, says the chance of finding oil-generating hydrocarbons in Namibia is between 15 and 20 per cent. She said this during a mines ministry vodcast hosted by the former executive director Penda Ithindi. Sibeya said if a company drills 10 wells, the chance of discovering oil could be from two wells out of that total. She further said that initial […]

  Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream regulator the Petroleum Commission of Ghana – is embarking on a series of industry reforms that aim to strengthen the operating environment for oil and gas companies. These efforts are expected to translate into heightened exploration, as companies pursue play-opening […]

  Kamoa Copper S.A. and CrossBoundary Energy (www.CrossboundaryEnergy.com) have signed a power purchase agreement to provide a 30 MW baseload renewable energy supply to the Kamoa-Kakula Copper mining complex in the DRC The renewable energy system will include a 222 MWp solar PV system and a 123 MVA/526 MWh battery energy storage system, offsetting significant fuel generator usage This agreement marks a significant step towards sustainable mining practices, demonstrating that […]

  The OPEC Fund for International Development (OPEC Fund) (www.OPECFund.org) has approved over US$600 million in new development financing to support sustainable infrastructure, private sector development, food security and human capital in partner countries across Africa, Asia, Latin America and the Caribbean. The new projects were approved during the institution’s 191st Governing Board meeting in Vienna today and during the first quarter of 2025. The new commitments reflect the OPEC Fund’s […]

  The African Development Bank (www.AfDB.org), the government of Mozambique, and Korea’s government agency Busan Technopark have launched an innovative drone-driven initiative to strengthen disaster preparedness in Mozambique, a country frequently hit by floods, mudslides, cyclones, and other weather-related crises.   The launch event took place in Maputo, on Thursday, April 3.   The Drone-Based Disaster Management Project will establish a drone training centre in Mozambique to train 30 professionals, including 10 […]