Category: Namibia News

Namibia News

Nasan Energies Marks New Era for Indigenous African Energy Leadership After Acquiring 52 Fuel Stations in Namibia

Nasan Energies has completed the acquisition of 52 Engen and Shell-branded fuel stations in Namibia in a landmark US$50 million transaction. The deal positions the Namibian-owned company as the country’s third-largest oil marketing company and highlights the growing role of indigenous African businesses in energy ownership, fuel retail and economic transformation. Led by entrepreneur Miguel Hamutenya, Nasan Energies aims to strengthen Namibia’s energy security, expand fuel retail operations and become a leading African energy company.

“African banks and institutions must lead on urbanisation finance – or risk being sidelined by foreign investors”, says pan-African banker

African banks and institutional investors must take the lead in financing urban development across the continent or risk being sidelined by foreign capital, warns pan-African banker Sepo Haihambo. Highlighting rapid urbanisation and growing foreign investment in infrastructure, Haihambo calls for domestic financial institutions to step up, offering local leadership, financial structuring, and project assessments to ensure sustainable, inclusive growth. While international finance remains important, she argues African banks are uniquely positioned to anchor long-term development strategies and ensure economic benefits stay within local economies.

Why Impact Investing Must Reshape M&A Strategy in Africa’s Energy Landscape

As Africa experiences a transformative energy transition, traditional M&A strategies focused solely on financial returns fall short in addressing social and environmental challenges. This article argues that impact investing must reshape merger and acquisition approaches in Africa’s energy sector by integrating Environmental, Social, and Governance (ESG) criteria into valuation and deal-making. Through case studies from Angola and Namibia, it demonstrates how embedding impact metrics into financial models can enhance value creation, support sustainable development, and align investments with local sovereignty and community needs.

Building Green Industries To Scale Green Economies: How Namibia Has Set The Pace For Africa’s Green Industrial Revolution

As the global energy landscape shifts under the pressures of climate change, artificial intelligence, and geopolitical instability, Africa is positioning itself at the forefront of a green industrial revolution. Driven by renewable energy, green hydrogen, and sustainable policy frameworks like Agenda 2063 and the AfCFTA, the continent is seizing the moment to redefine industrialisation, empower inclusive development, and lead global efforts toward a just and climate-resilient future. Namibia, in particular, emerges as a leader, hosting the Global African Hydrogen Summit 2025 to accelerate this transformation.