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TotalEnergies Acquires Operatorship of Namibia's Mopane Discovery in Deal with Galp

TotalEnergies Acquires Operatorship of Namibia's Mopane Discovery in Deal with Galp

TotalEnergies has entered into an agreement with Galp Energia to acquire a 40% operated interest in the Mopane oil discovery offshore Namibia. This transaction positions TotalEnergies as the operator of Namibia's two largest offshore oil discoveries, Mopane and Venus, and supports plans to develop a major offshore production hub in the Orange Basin. The deal involves TotalEnergies carrying 50% of Galp's capital expenditures for exploration and initial development at Mopane, with repayment through future cash flows. The transaction is subject to customary approvals and is expected to be completed in 2026.
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AfDB Approves $10 Million Loan for Namibian Green Ammonia Project

AfDB Approves $10 Million Loan for Namibian Green Ammonia Project

The African Development Bank (AfDB) has approved a $10 million loan to support Hyphen Hydrogen Energy's green ammonia project in Namibia. This funding, sourced from the Sustainable Energy Fund for Africa, will facilitate front-end engineering and design studies for renewable energy generation, battery storage, and desalination infrastructure. The project aims to produce two million tons of green ammonia annually for export, while also contributing to local economic development. It includes plans for significant renewable energy capacity, desalination facilities, and infrastructure improvements, promising substantial job creation and economic benefits for Namibia.
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Forbes Highlights Six Most Powerful African Women in 2025, Including Namibia's First Female President

Forbes Highlights Six Most Powerful African Women in 2025, Including Namibia's First Female President

Forbes has released its list of the six most powerful African women in 2025, spotlighting leaders who have made significant strides in their respective fields. Among them is Netumbo Nandi-Ndaitwah, who became Namibia's first female president on March 21, 2025. Her political career spans decades, having served in various capacities within the SWAPO party, including as Deputy Prime Minister and Vice President. Other notable figures include Mary Vilakazi, the first woman to lead South Africa's FirstRand Group, and Judith Suminwa Tuluka, the Democratic Republic of the Congo's first female Prime Minister. The list also features Mpumi Madisa, CEO of Bidvest, Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, and Mo Abudu, a Nigerian media entrepreneur. These women have been recognized for their leadership and influence in politics, business, and media, contributing to significant advancements in their countries and industries.
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Sedna Africa's Technological Innovations Enhance Industrial Connectivity Across the Continent

Sedna Africa's Technological Innovations Enhance Industrial Connectivity Across the Continent

Sedna Africa is spearheading a technological transformation across the African continent, focusing on digital and industrial advancements in sectors such as mining, ports, energy, and infrastructure. The company has developed a world-first automated solution in Zimbabwe, enabling machines to operate autonomously underground using advanced mobile private networks and an autonomous edge compute layer. This innovation is part of a broader strategy to export African technological excellence globally. Sedna has also expanded into maritime networks, deploying the first private mobile network at the Port of Beira in Mozambique, transforming it into a connected, data-driven environment. Additionally, Sedna is enhancing energy and infrastructure monitoring through distributed fibre sensing, which detects disturbances like excavation and vandalism, thereby preventing potential outages.
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Chinese Uranium Miner Partners with NamWater to Build Namibia's Second Desalination Plant

Chinese Uranium Miner Partners with NamWater to Build Namibia's Second Desalination Plant

Swakop Uranium, a subsidiary of China General Nuclear Power Group, has entered into a joint venture with Namibia's water utility, NamWater, to construct a new desalination plant near Swakopmund. This facility, the second of its kind in Namibia, aims to enhance water supply to the Husab uranium mine and support local communities in the Erongo region. The project, known as the Erongo Sunam Desalination Project, will see Swakop Uranium holding a 70% stake, with NamWater owning the remaining 30%. The plant is expected to produce 20 million cubic meters of water annually, providing a stable and cost-effective water source for the mine and surrounding areas. The project has been in planning since 1998 and is now moving into the implementation phase, which includes engineering, environmental assessments, and construction planning.
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Chinese Uranium Miner Partners with Namibia for New Desalination Plant

Chinese Uranium Miner Partners with Namibia for New Desalination Plant

Swakop Uranium, a subsidiary of China General Nuclear Power Group, has partnered with Namibia's NamWater to build a new desalination plant near Swakopmund. This plant, the second of its kind in Namibia, aims to support water supply for the Husab uranium mine and local communities. The joint venture, with Swakop Uranium holding a 70% stake, marks a significant step in addressing water scarcity in one of Africa's driest regions. The project will now move into the implementation phase, including engineering and environmental assessments.
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Sedna Africa Expands Industrial Connectivity Across the Continent

Sedna Africa Expands Industrial Connectivity Across the Continent

Sedna Africa is advancing its role in Africa's industrial transformation by deploying cutting-edge technology across mining, ports, energy, and infrastructure sectors. The company has achieved a world-first in Zimbabwe with an automated solution for underground mining operations. Sedna is also transforming African ports, such as the Port of Beira in Mozambique, with private mobile networks. The company is expanding into energy and infrastructure monitoring, using distributed fibre sensing to enhance resilience. Sedna's investment in a Network Operations Centre in Johannesburg underscores its commitment to leading Africa's industrial connectivity.
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AfDB Approves $10 Million Loan for Hyphen's Green Ammonia Project in Namibia

AfDB Approves $10 Million Loan for Hyphen's Green Ammonia Project in Namibia

The African Development Bank (AfDB) has approved a $10 million loan to support Hyphen Hydrogen Energy's $10 billion green ammonia project in Namibia. The loan, from the Sustainable Energy Fund for Africa, will fund engineering and design studies for renewable energy generation, battery storage, and desalination infrastructure. The project aims to produce two million tons of green ammonia annually for export, leveraging 3.75 GW of renewable energy and 1.5 GW of electrolyser capacity. It is expected to create 15,000 construction jobs and 3,000 permanent positions, with a focus on employing Namibian nationals and youth.
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DNO Resumes Drilling in Kurdistan After Surpassing 500 MMbbl at Tawke License

DNO Resumes Drilling in Kurdistan After Surpassing 500 MMbbl at Tawke License

DNO ASA has announced the resumption of its drilling operations in the Kurdistan region of Iraq, following a significant milestone of surpassing 500 million barrels of cumulative production from the Tawke license. This development comes after a two-and-a-half-year hiatus in new drilling activities due to the 2023 export pipeline shutdown. The company plans to initiate a new production well targeting the shallow Jeribe reservoir in the Tawke field. DNO has mobilized two rigs, the DQE-51 and its own Sindy rig, to execute a program of eight wells through 2026, aiming to increase gross operated output by 25% to approximately 100,000 barrels per day. Despite the pause in drilling, DNO has maintained production levels at around 80,000 barrels per day through well optimization. Executive Chairman Bijan Mossavar-Rahmani expressed confidence in the company's ability to further exploit resources in the region, citing DNO's extensive experience in managing complex reservoirs.
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Ebonyi Cement Plant Proposal Aims to Boost Nigeria's Industrialization and Economic Growth

Ebonyi Cement Plant Proposal Aims to Boost Nigeria's Industrialization and Economic Growth

The Ebonyi State government in Nigeria is proposing a strategic investment in a new cement plant to succeed the defunct NIGERCEM. This initiative is part of a broader industrialization effort to address the country's significant housing deficit and reduce dependency on imported cement. Nigeria, with its vast deposits of limestone, gypsum, and clay, has the potential to become a leading cement producer in Africa. The proposed plant is expected to create jobs, stimulate economic activity, and support infrastructure development. The project aligns with Nigeria's economic diversification strategy, moving away from oil dependency towards non-oil sectors.
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TotalEnergies Acquires Operatorship of Namibia's Mopane Discovery in Deal with Galp

TotalEnergies Acquires Operatorship of Namibia's Mopane Discovery in Deal with Galp

TotalEnergies Acquires Operatorship of Namibia's Mopane Discovery in Deal with Galp
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Solis Minerals Secures Drilling Permits for Cinto Copper Project in Peru

Solis Minerals Secures Drilling Permits for Cinto Copper Project in Peru

Solis Minerals Secures Drilling Permits for Cinto Copper Project in Peru