Namibia’s Ministry of Mines and Energy is working with Energy Capital & Power to promote investment in southern Africa’s most exciting energy and mining investment destination
Energy Capital & Power proudly announces that, in partnership with the Ministry of Mines and Energy of the Republic of Namibia, it will publish Namibia’s official investment report for the energy and mineral resources sectors. Research and interviews for the project start immediately.
Namibia has become one of Africa’s most exciting upstream plays, with two major oil and gas discoveries – Venus and Graff-1 in the Orange Basin – made last year by global energy majors Shell, TotalEnergies and Qatar Energy.
Since these finds, the country has seen widespread interest by a suite of regional and global players, with the government putting in place a clear action plan to generate new investment and create a globally competitive energy market in Namibia.
The country’s critical resources have been identified as strategic for Africa’s energy transition, opening lucrative opportunities for investors
On the natural gas side, the BW Energy-led Kudu license offshore Namibia will be developed to supply a gas-to-power facility for energy security.
The Kudu gas development project will be tied into Venus and Graff-1 projects, thereby increasing production capacity. The country has also been identified as a globally-leading green hydrogen market owing to its renewable energy resources and strategic position to high demand markets in Africa and Europe.
Meanwhile, Namibia represents the fourth-biggest producer of uranium worldwide as well as leading producer of zinc and diamonds.
The country’s critical resources have been identified as strategic for Africa’s energy transition, opening lucrative opportunities for investors.
Participating stakeholders include regional energy ministries and policymakers, the Namibian government, both independent and international oil companies, as well as industry experts, investors and analysts.
The publication will be distributed at ECP’s events this year – namely in South Sudan, Angola, Mauritania and South Africa – and will showcase upcoming investment opportunities, how to get involved in the sector, the key institutions and actors to know and the regulatory framework established in Namibia.