May 16, 2024
Investment

Exploring investment opportunities in Namibia’s mining sector

An EU-backed case study looks into Namibia’s critical raw materials and prospects for investment in the country’s mining industry. Industrial Technologies © FellowNeko/stock.adobe.com A recent case study assessing the investment potential of Namibia’s mining sector provides valuable insight into Europe’s goal to form strategic partnerships with African nations. The report is part of the EU-funded

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Finance

Portugal’s Galp says field off Namibia could contain 10 billion barrels of oil

By Sergio Goncalves LISBON (Reuters) – Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels of oil. Galp said it conducted testing operations at the Mopane-1X well in January

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Investment

Namibia eyes 2024 final investment decision on “massive” deepwater oil discovery

(Bloomberg) – Namibia will invest a big chunk of any revenue it gets from a potentially massive oil discovery into a sovereign wealth fund, and expects to learn if the find is commercially viable later this year. Source: Shell “We understand that the quantities are large, but we still have to test the

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