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Population: 2.69m
GDP: $12.77bn
Debt: 65.4% of GDP (2024)

news from Namibia

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Found 135 articles.

Displaying 1-10 out of 135 results.

SWAPO's prospects lag behind economy

Geingob's death and a row over the German genocide make for an awkward transition in this year's polls against a strong opposition

The lavish and lengthy obsequies for President Hage Geingob, who died aged 82 on 4 February, turned out to be just an interlude in the drama on whether the ruling SWAPO Party can m...

Green hydrogen shoots

A €1 billion fund for projects developing 'green' hydrogen and critical raw materials has just been signed off in Brussels by President Hage Geingob and European Commission Pr...

Xinfeng lithium licence threat

Chinese lithium company Xinfeng Investments risks losing its mining licence when a parliamentary committee publishes a report later this year which is expected to criticise operati...

Fishrot trial delay

The long-anticipated Fishrot corruption trial of 10 highly placed Namibians accused of multi-million fishing quotas fraud, racketeering and corruption, has been postponed again tha...

Windhoek gets tough on green resources

The government wants free stakes in lithium and other mines producing vital inputs for electric vehicles

President Hage Geingob and his close ally, mines minister Tom Alweendo, have signalled their seriousness about obtaining the maximum benefit of minerals used in electric vehicle (E...

Swapo faces more poll losses

Growing anger over government corruption and surging unemployment look set to give opposition parties their best chance yet of loosening the ruling SWAPO Party's grip on the countr...

Oil boom poses governance risks

Politically-connected middlemen taking key roles in oil licencing raise concerns over corruption in the coming hydrocarbons bonanza

Namibia looks set to add oil to its cornucopia of mineral resources, including gem diamonds, uranium, and lithium, with the potential to become a major exporter by 2026. The bonanz...

Western companies belatedly join critical minerals race

President Geingob's government is benefitting from international rivalry to boost lithium production

Prices and demand for Africa's reserves of lithium, a key component in rechargeable batteries, are soaring as the world car industry shifts towards producing electric vehicles with...

Lithium scramble offers temptation

As firms from east and west scramble for hugely valuable lithium deposits, mining ministry officials are investigated for alleged bribe-taking

Lithium was the break-out commodity of 2022, with the price of this key ingredient in electric vehicle batteries soaring by 1,000% since 2020 to US$82,000 per tonne in December. Es...

Displaying 1-10 out of 135 results.