The National Petroleum Corporation of Namibia (NAMCOR), alongside its joint venture partners Reconnaissance Energy Africa (ReconAfrica) and BW Energy, has announced the successful completion and promising results from the Kavango West 1X exploration well located on Petroleum Exploration Licence (PEL) 73, onshore Namibia. The discovery is being hailed as another critical milestone for the country’s emerging oil and gas sector, reinforcing confidence in the potential of the Damara Fold Belt play. The Kavango West 1X well encountered a gross hydrocarbon section of approximately 400 metres within the Otavi carbonate formation. Of this, 64 net metres of hydrocarbon pay were confirmed by wireline logs and mud log analysis. Additionally, 61 metres of further hydrocarbon shows were identified in deeper sections where natural fractures in the limestone reservoir are interpreted to enhance hydrocarbon deliverability. ReconAfrica, the operator of PEL 73, completed drilling operations on 29 November 2025, reaching a total depth of...

Trustco Insurance Limited on Thursday announced its rebranding to Summit Thirty Insurance Limited, marking a pivotal moment in the company’s evolution as Namibia’s leading legal insurance provider. This rebranding, approved by the Board of Directors and the Namibia Financial Institutions Supervisory Authority, follows a strategic N$468 million share buyback transaction that positions the company for […] Source link

Hangala Foods is leading a national effort to help the country become better at feeding itself, a goal called “food sovereignty.” This effort comes with the launch of their new product line: Otavi Golden Maize. The company is positioning the maize meal, available in Super Maize Meal, Special Sifted Maize Meal, and Unsifted Maize Meal, as a demonstration of local ingenuity and Namibia’s capacity for self-sufficiency in food production. This maize meal is made at the company’s advanced Ombanje Milling Plant (OMP), which is the result of many years of hard work and investment in local farmland. The milling plant is a modern factory with new milling systems, storage silos, a lab for testing, and equipment for receiving grain. The company ensures every bag of maize meets the highest standards for safety and quality. “As we grow, so too do our contributions to Namibia’s agricultural resilience, food sovereignty, and inclusive...

Namibia has reported 4,400 cases of gender violence from April 2024 to February 2025, of which 1,345 were rapes. The country also recorded 542 suicides and over 102,900 mental health cases in 2024. This was shared by Dr. Veronica Theron, Director of Health and Wellness at the One Economy Foundation, during the launch of the 16 days of activism against gender violence and femicide held last week. The event, held under the official global theme “UNiTE to End Digital Violence Against All Women and Girls,” raised awareness against gender violence, femicide, and violence against children through performing arts and inclusive spaces to spark conversations and action. Theron, citing a study by the Disrupting Harm Project in 2022, further revealed that 9% of internet users aged between 12 and 17 in Namibia were subjected to online sexual exploitation and abuse. This included blackmailing to engage in sexual activities, or coercing them...

Mobile Telecommunications Limited (MTC) has sealed a major three-year sponsorship deal with the popular Kasi Vibe Festival, a move that sees the telecommunications company becoming the event’s new naming rights partner. MTC’s sponsorship is valued at N$1 million per year, resulting in a total investment of N$3 million over the three-year duration. Speaking at the announcement on Tuesday, MTC’s Chief Brand, Marketing, Communications, and Sustainability Officer, Tim Ekandjo, indicated that “MTC, through the sponsorship, is proud to be adding value that unlocks more opportunities for the business community and Namibian creatives. We want this festival to grow and start attracting participants from neighbouring countries.” “This is a vital marketplace for business, offering an opportunity for products and services exhibition to a broader audience, ultimately driving economic growth. Additionally, it gives opportunities to local talents while embracing diverse culture and unity,” Ekandjo added. Ekandjo expressed that “MTC has long been committed...