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Namibia and Japan Strengthen Ties with Carbon Capture Financing Agreement
By: Justicia Shipena Namibia formalised its partnership with Japan by signing a Memorandum of Understanding (MoU) with the Japanese Bank for International Cooperation during the Conference of the Parties (COP 28). The agreement, spanning economic, environmental, and social sustainability, closely aligns with Namibia’s climate objectives. At the heart of this collaboration is a shared commitment […]
China Takes Cautious Approach To Green Hydrogen Initiative
By: Justicia Shipena Chinese ambassador Zhao Weiping says his country has not yet decided whether it intends to participate in Namibia’s green hydrogen ambitions which has attracted attention from countries in the West. Although China has already expressed it’s in the development of Namibia’s renewable energy industry, particularly the green hydrogen, Weiping says China would […]
Germany to Provide Apprenticeship for Namibian Youth
By: Hertha Ekandjo The German Goethe-Institut Namibia, in collaboration with the Namibia Investment and Promotion Board (NIPDB), has launched an apprenticeship program meant to enhance the employability of Namibian youth. The initiative launched this month aims to provide Namibian youth access to apprenticeships in Germany, leveraging the robust relationship between the two nations and Germany’s […]
China Pledges N$31 Million in Food Aid to Namibia
By: Justicia Shipena CHINA has made a commitment to provide food aid to Namibia, with a value of 12 million Chinese Yuan, equivalent to N$31 million. The announcement was made by Tang Wenhong, Vice Chairman of the China International Development Cooperation Agency, during a meeting with President Hage Geingob at State House on Friday. Wenhong […]
Menzies to continue operations at HKIA until 4 July
By:Staff writer UK company Menzies Aviation will now continue with ground handling operations at the Hosea Kutako International Airport (HKIA) until at least 4 July, the Namibia Airports Company has announced. Menzies and the preferred bidder have been locked in an intense courtroom battle over the ground handling operations at the national airport, in which […]
O&L Gets Permit To Construct N$350 Million Solar Park In Germany
By: Staff writer O&L Nexentury GmbH, a subsidiary of the Ohlthaver & List Group, has been granted the advanced water management permit (“gehobene wasserrechtliche Erlaubnis” in German) for the construction and operation of a floating solar photovoltaic park. The permit, from the District Administration Office of Karlsruhe, Germany, will be country’s largest, valued at N$350 […]
Economy Can’t Absorb Returning Asylum Seekers – Expert
By:Fransina Nghidengwa The Namibian economy will be hard pressed to absorb the over 1,000 Namibian asylum seekers in the United Kingdom that will soon be deported back into the country. These were the views of International Relations analyst Marius Kudumo as around 90% of Namiban asylum seekers in the UK are set to be deported […]
Argentina Removes Namibia, Others Jurisdictions From “Non-Cooperative” List
By:Staff writer Argentina’s tax administration has announced the removal of Namibia and 14 other jurisdictions from the government’s list of low- or no-tax jurisdictions for the purposes of tax implications, pursuant to Decree 48/2023, which modifies the list provided by Decree 862/2019, the Society of Trust and Estate Practitioners (STEP) has reported yesterday. The Decree, […]
Sintana Energy Announces Extension To PEL 87, Offshore Namibia
By:Staff writer In its year-end review and 2023 outlook, Canadian oil and gas exploration company, Sintana Energy, said the Namibian government has approved extension to its Petroleum Exploration License 87 (PEL 87). “2022 was a seminal year in Sintana’s history underpinned most notably by our entry into Namibia in March,” said Robert Bose, President and […]
HDF Energy and European Investment Bank partner on Namibia’s first green hydrogen plant
Staff Writer Hydrogène de France SA (“HDF Energy”) group – Euronext Paris: HDF, global pioneer in hydrogen power plants and high-power fuel cell manufacturer, has reached a further step in the development of the Renewable green hydrogen power plant in Swakopmund, by formalising its partnership with the European Investment Bank (EIB) at the 2022 United […]