News Namibia Investment: Namibia's Oil And Gas Sector Sparks Global Investment Rush
Major oil companies like TotalEnergies, Shell, and Chevron are investing heavily in Namibia following promising discoveries in the Graff-1, Venus-1, and Jonker-1X projects. The Government of Namibia ...
News Namibia Investment: Namibia targets industrial growth through investment reform
Namibia is positioning its oil, gas and mining sectors as catalysts for industrialisation, beneficiation and infrastructure development under its National Development Plan Six (NDP6), with government also pursuing policy and regulatory reform to attract greater foreign direct investment (FDI), says law firm Cliffe Dekker Hofmeyr (CDH). Speaking during a webinar last month, CDH dispute resolution managing partner and director Patrick Kauta said Namibia’s FDI inflows increased from N$50-billion from 2009 to 2020, to N$151-billion from 2021 to 2024, largely owing to exploration activity in the oil and gas sector.
News Namibia Investment: Namibia: IPFB Mechanisms Will Enrich Elite - Epra... Warns of Job Losses and Business Closures
The Economic Policy Research Association (EPRA) remains concerned about what it terms as government's regressive economic policy direction.