Namibia Minute.
24 April 2026
A daily Namibian brief · Est. 2026
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Organization

Ministry of Industries, Mines and Energy

Also known as: Ministry of Mines and Energy · energy ministry · mines and energy ministry · the Ministry of Industries, Mines and Energy · MIME · MME

Ministry of Industries, Mines and Energy — Namibian government entity overseeing mining, energy, and petroleum sectors, recently facing corruption allegations and implementing renewable energy and electrification initiatives.

Business

Ministry denies fuel shortage rumors, assures adequate supplies

The News

The Ministry of Industries, Mines and Energy has dismissed rumors of a fuel shortage, stating that Namibia has sufficient supplies of diesel and petrol to meet demand and that no rationing measures have been introduced. The Ministry is monitoring stock levels and working with fuel importers and retailers to ensure stable supply.

21 March 2026 · Informanté

Saturday 21 March

  1. Ministry denies fuel shortage rumors, assures adequate supplies

    The Ministry of Industries, Mines and Energy has dismissed rumors of a fuel shortage, stating that Namibia has sufficient supplies of diesel and petrol to meet demand and that no rationing measures have been introduced. The Ministry is monitoring stock levels and working with fuel importers and retailers to ensure stable supply.

    21 March 2026 · Informanté

  2. Petrobras holds no current Namibian assets despite exploration deal

    Brazilian oil company Petrobras said it holds no current Namibian assets following a courtesy visit to government officials, though it and TotalEnergies are bidders for a 42.5% stake each in a petroleum exploration licence in the Lüderitz Basin, pending regulatory approval.

    21 March 2026 · The Namibian

Friday 20 March

  1. Tower Resources farm-out approval expected to be expedited

    British oil and gas company Tower Resources says it expects approval of its farm-out agreement with Pakistani firm Prime Global Energies for a 25% stake in petroleum exploration licence PEL 96 to be expedited, following meetings with the upstream petroleum unit and the Ministry of Industries, Mines and Energy. The agreement would raise funds to continue exploration in the oil block.

    20 March 2026 · The Namibian

  2. Pancontinental seeks new partner for Namibian oil exploration

    Oil explorer Pancontinental Energy halted stock trading on Tuesday as it searches for a new farm-in partner to fund continued exploration and drilling in Namibian oil block 2 713, after Woodside Energy declined its option to acquire a 56% stake in May 2025. The company received licence extension approval from Namibia's Ministry of Industries, Mines and Energy, with an announcement of a new partner expected by 19 March.

    20 March 2026 · The Namibian

Wednesday 18 March

  1. Namibia's oil storage facility shields nation from fuel price shocks

    As global oil prices surge amid geopolitical instability in the Middle East, Namibia's National Oil Storage Facility provides strategic defence against supply disruptions and fuel price volatility. With 75 million litres capacity and three months of strategic reserves, the facility operated by Namcor centralises fuel imports and distribution while the National Energy Fund cushions consumers from rising global prices.

    18 March 2026 · New Era

Tuesday 17 March

  1. Government reviews NOSF fuel storage fees to boost local participation

    The Ministry of Industries, Mines and Energy is reviewing storage fee structures at Namibia's National Oil Storage Facility to establish market-related tariffs and open access to more local entrepreneurs. The facility has received multiple applications from companies seeking to store diesel, petrol, and aviation fuel, but current space constraints may limit simultaneous usage; managers are considering short-term contracts (around 30 days maximum) to ensure fair access and prevent monopolisation by individual operators.

    17 March 2026 · New Era

  2. Minister targets 80% electricity access within four years

    The Minister of Industries, Mines and Energy Modestus Amutse said Namibia can achieve 80% national electricity connectivity in four years with sustained effort, up from the current 47–56% rate. The government aims for 70% connectivity by 2030, and Amutse urged stakeholders and the Electricity Control Board to ensure that licenced power generators deliver on their commitments rather than merely hold inactive licences.

    17 March 2026 · The Namibian

Thursday 12 March

  1. Namibia faces potential N$4.50 per litre fuel price hike in April

    Soaring international oil prices and Middle East tensions threaten to drive Namibian fuel prices to unprecedented heights in April, with the country's three-month fuel reserves and limited storage capacity posing supply challenges. Government officials and industry experts warn that while Namibia has sufficient reserves for 2–3 months, the country's infrastructure constraints and reliance on Middle Eastern oil through the Strait of Hormuz leave it vulnerable to supply disruptions, prompting authorities to explore alternative fuel sources and taxi associations to plan 10–12% fare increases.

    12 March 2026 · The Namibian

Wednesday 11 March

  1. Government forms task team to address fuel supply crisis

    Prime Minister Elijah Ngurare says Namibia has only three months of fuel reserves left due to disruptions in the Strait of Hormuz caused by conflict in Iran, a major oil-producing country. The government has established a task team to explore alternative options to ensure the country's petroleum supply is not negatively affected.

    11 March 2026 · Informanté

Saturday 7 March

  1. Ministry and Cenored sign deal to accelerate rural electrification

    The Ministry of Industries, Mines and Energy will sign a service level agreement with the Central North Regional Electricity Distributor on 9 March to accelerate rural electrification. The agreement aims to improve livelihoods through the Solar Revolving Fund, providing loan funding and subsidies to help households and businesses connect to the grid.

    7 March 2026 · The Namibian

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