The Namibia Power Corporation successfully listed its N$5-billion domestic medium-term note programme on the Namibia Securities Exchange, in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue a range of notes, including green and sustainable notes, to fund strategic projects while contributing to Namibia's financial sector development.
The Namibia Power Corporation successfully listed its N$5-billion domestic medium-term note programme on the Namibia Securities Exchange, in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue a range of notes, including green and sustainable notes, to fund strategic projects while contributing to Namibia's financial sector development.
Officials assessed flood damage in Otjimuhaka village along the Kunene River after residents received early warning and evacuated to higher ground. About 20 households were affected, with crops destroyed, though no lives were lost and the health ministry provided aid including mosquito nets and water purification tablets.
A high-level Namibian delegation, led by the Green Hydrogen Programme and supported by the Global Wind Energy Council, is visiting China to study renewable energy solutions and industrial development, with focus on wind power, solar energy, battery storage, and fuel cells. The visit aims to help Namibia reduce electricity imports, build local energy supply, and eventually become a green energy exporter.
Namibia Power Corporation has successfully listed a N$5 billion Domestic Medium-Term Note Programme on the Namibia Securities Exchange in partnership with Cirrus Securities and Nedbank Namibia. The programme allows NamPower to issue multiple tranches of notes with varying terms to access domestic capital markets flexibly and support strategic growth objectives.
Ondangwa Town Council CEO Isamel Namugongo told New Era that the long-delayed Ondangwa State Hospital is back on track with central government support and environmental studies underway, while the council has doubled residential areas, upgraded roads to tar in several extensions, and is preparing to modernise the town's struggling sewerage infrastructure. Key challenges include high unemployment affecting residents' ability to pay municipal bills and ageing infrastructure designed for a much smaller population.
Namibia and Angola have signed binding agreements to jointly develop a cross-border power interconnector (ANNA), featuring a 166-kilometre transmission line linking the Kunene region to Cahama and a further 270-kilometre line between Omatando and Otjikoto. The project, estimated at N$941 million for the interconnector component and set for completion by 2029, aims to enhance regional energy security, diversify Namibia's electricity supply, and enable Angola to leverage its renewable and hydro resources across the Southern African region.
Namibia and Angola signed a power purchase agreement and joint development agreement for the Angola-Namibia Power Transmission Interconnector Project (ANNA), estimated to cost about N$941 million and scheduled for completion in 2029. The 166-kilometre transmission line will link the Kunene substation in Namibia to the Cahama substation in Angola, with an initially projected capacity of up to 500 MW to enhance power system reliability and regional energy trade.
Namibia and Angola have signed agreements to advance the Angola-Namibia Power Transmission Interconnector Project (Anna), a N$941 million infrastructure project scheduled for completion in 2029. The project will construct a 166-kilometre, 400 kV transmission line linking Kunene and Cahama substations, with capacity of up to 500 MW, aimed at enhancing power system reliability and regional energy trade.
Electricity distributor ErongoRED says it has expanded electrification access across the Erongo region, with a combined urban and rural rate now at about 79%, reflecting steady infrastructure rollouts and projects underway in areas including Harambe, DRC, Karibib and Usakos. The utility is working to align with national development priorities under Vision 2030 while facing challenges including copper theft, which costs about N$5 million annually.
At a graduation ceremony in Windhoek, NamPower managing director Simson Haulofu encouraged 26 graduates to pursue entrepreneurship and job creation rather than relying on traditional employment, emphasising that vocational training and skills development are essential to reducing poverty and spurring economic growth. Officials from the Namibia Training Authority stressed that TVET empowers individuals to create employment and build resilience in sectors critical to Namibia's economy.