InFocus Namibia - August 2025

InFocus NAMIBIA AUGUST, 2025

AN ENERGY AND SUSTAINABILITY OVERVIEW

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ISSN 2026-9080

SUSTAINABLE FUELS & NET ZERO

ISSN 2026-9080

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CONTENTS EDITION: JULY 2025

04

FROM THE EDITOR

06 QUICK FACTS 07 10 11 12 13 14 15 17

LEAD STORY Net Zero Benefits are here!

KEY DATES Lithium: World’s Runner-up Producer SQM Picks Namibia as First African Market

FUEL PRICES Namibia Growth to Slow in 2025 Before Rebounding in 2026, Central Bank Says

POWER CONSUMPTION Not Just the Resource Beneath Us: The Youth Among Us Are the Nation’s Greatest Reserve

NAMIBIA DAM LEVELS UPDATE

18

South Africa: Digital Skills Project Targets Schoolchildren to Tackle Youth Unemployment

19

Namibia’s Green Finance Revolution: A Blueprint for Africa’s Energy Future

22

From Oil Rigs to Opportunity: Namibia’s Bid for Inclusive Growth

24

SOLAR ENERGY PRODUCTION

25

MEET THE TEAM

28

TENDERS

30

PRESS RELEASES

35

CONTRIBUTING AUTHORS

From The Editor From Renewables…to Sustainable Fuels Globally, sustainable aviation fuels (SAF) and electric flights are gaining momentum. In the United States, for example, electrically powered “air taxi” aircraft with vertical take-off and landing capability have already been tested, covering distances over 250 km on a single charge. Given Namibia’s vast terrain, these types of technologies could serve multiple purposes starting from connecting inner areas estimated at 268 sites across the country with a focus of supporting tourism and offering flexible mobility solutions.

Dear Reader, Welcome to another anticipated edition of InFocus Namibia! If you’re joining us for the first time, welcome onboard.

This month, our spotlight is on sustainable fuels, net-zero ambitions and the associated opportunities they bring to the Namibian economy. As such, our lead article explores the potential of Namibia’s aviation industry to contribute meaningfully to a Just Energy Transition, while simultaneously enhancing the transport sector’s competitiveness and unlocking new possibilities for the tourism sector, particularly in the area of ultra-shorthaul flights.

One of the key features that countries need to consider in achieving a Just Energy Transition is the reduction of carbon emissions while facing economic realities. The International Energy Agency (IEA) flagged the transport sector in 2022 as crucial lever for emission reductions, noting that it consumes about 42 percent of the country’s energy and contributes over 13 percent of total carbon emissions. Namibia’s Nationally Determined Contribution (NDC) - Second Update April 2023, which covers the period of 2021 to 2030, commits the country to reducing emissions by approximately 7.669 Mt CO2e. While this target includes transport emissions reduction measures for rail and road transport, there is no mention of direct aviation industry mitigation strategies.

This report is a FREE Publication written and authored through collaboration with RDJ Consulting Services CC based in Windhoek, Namibia.

The content is collected from publicly available information and so its accuracy cannot be guaranteed.

In this August issue, we also highlight other crucial issues, including: Critical Materials: Sociedad Quimica y Minera (SQM), the world’s second-largest lithium producer, is penetrating the African market through its first project in Namibia as the global energy transition demands continue to rise.

Green finance: Looking at how blended public and private financing is enabling some of Namibia’s most strategic infrastructure projects.

Oil and Gas: In line with the guidelines of its Sixth National Development Plan, Namibia has taken actions to reduce national participation in oil projects from 10 percent to 1 percent by 2030.

Youth involvement: The role of Namibia’s young people in shaping nation’s energy futures.

Regional Focus: Beyond Namibia’s borders, we assessed one the critical skills set needed to tackle youth unemployment in South Africa.

We thus hope you find this edition informative as usual and encourage you to follow and engage with us on all our social media accounts as we continue to explore and discuss these vital issues.

As always, the conversation continues at infocus@rdjpublishing.africa .

Yours, editor@rdjpublishing.africa

(David A. Jarrett) Editor in Chief

(Grace Kangotue) Editor

RDJ Publishing (Pty) Ltd is the publishing home of the InFocus Namibia, written and authored through the collaboration with RDJ Consulting Services CC (www.rdjconsulting.co.za).

PO Box 23738 Windhoek, NAMIBIA Telephone +264 81 750 3010 Email info@rdjpublishing.africa WEBSITE www.rdjpublishing.africa

RDJ Consulting Services CC is an advisory consultancy to the Energy, Water and Transport Sectors with a focus on sustainable operations and renewable energy.

Quick Facts

N A M I B I A POPULATION (2023)

87%

36.9% 3,022,401

SIZE

Male

Female

1,474,224

LITERACY RATE (15+ YEARS) (2023)

UNEMPLOYMENT RATE (2023)

1,548,177

SUSTAINABLE FUELS AND NET ZERO

N$245.1 billion

0.56

6.75

Gross Domestic Product (GDP) (nominal terms) (2024)

GINI COEFFICIENT (2023)

REPO RATE (Aug 2025)

CO2e

7,669 Mt CO2 e

USD 15,065 billion

NAMIBIA NDC 2030 GHGS REDUCTION TARGET COMPARED TO BAU (2023)

FINANCE REQUIRED TO MEET THE STATED 2030 GHGS REDUCTION TARGET COMPARED TO BAU (2023)

10.50

3.50

PRIME LENDING RATE (Aug 2025)

INFLATION (CPI) (Jul 2025)

2024 672 MW/h POWER DEMAND AT PEAK

4288000 MW/h approximately equal to 45% NAMIBIANS ARE WITHOUT ACCESS TO ELECTRICITY (NOV 2024)

TOTAL ELECTRICITY UNITS SOLD

80% NAMIBIAN GOVERNMENT TARGET TO GENERATE ITS ELECTRICITY DOMESTICALLY BY 2028 (NOV 2024)

Local Generation - Energy (%)

46%

Energy Imports (%)

54%

SOURCE: RDJ CONSULTING SERVICES CC

Lead Story

Net Zero Benefits are here!

AUTHOR: David Jarrett and Team Editor @ RDJ Publishing and RDJ Group Chief Executive Officer

Courtesy: www.globalair.com.

N

amibia is at the cusp of its inflection going forward.

Part of this is surrounds a JUST ENERGY TRANSITION, allowing Namibia to use its natural

furthering the tourism sector options for extreme short haul flights.

resources for its growth and development. One of the sectors that can make a difference is the transport sector, accounting for the majority of the country's total energy consumption (42%) based on IEA 2022 data and CO 2 emissions (13%).

As we have taken pains to point out in past editions, aviation that uses alternate fuels such as sustainable aviation fuels (SAF) or electric flights such as the prime example from the United States of America (USA). In the recent “air taxi” flight using electrically powered aircraft for a vertical take-off and landing.

Of course, there is enough movement for e-mobility and pushes in the area of hydrogen and ammonia as well as lately, “syn-fuels” that mimic fossil fuels but are made and not explored in the traditional sense making them renewable energies.

However, the real benefit for Namibia could come from the aviation sector creating not just a Just Energy Transition action but also creating additional attraction and advantage to the aviation sector upgrading as well as

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As reported by others, the flight was operated from Marina Municipal Airport (OAR) to Monterey Regional Airport (MRY) for 12 minutes over 10 nautical miles. Five of those minutes were spent in a hold pattern at MRY for air traffic spacing.

The company that carried out this feat was Joby Aviation of the USA, who had received airworthiness approval in 2020.

Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical

07

take-off and landing air taxi. Joby intends to both operate its fast, quiet, and convenient air taxi service in cities around the world and sell its aircraft to other operators and partners. Joby has partnered with NASA, Toyota and Uber, who have agreed to incorporate future aerial ride shares into its rideshare apps.

excess of 250 km on a single charge. While this is a “short” distance in terms of the Namibian landscape, travel to specific locations, will be helpful. The same can be extended to other service types, emergency patient transport, urgent cargo, environmental oversight and surveying amongst others.

On this occasion on 15 August 2025, Joby’s eVTOL was able to sequence with other aircraft at the Monterey Airport, which it an important step in achieving FAA Certification.

Joby’s first eVTOL operations with other aircraft in FAAcontrolled airspace was a success. To be certified, an aircraft must demonstrate that it can operate in shared airspace by flying between multiple airports.

Clear examples would be Windhoek to Rehoboth, Windhoek to Mariental, Windhoek to Okahandja, Windhoek to Gobabis, Windhoek to Otjiwarongo and possibly Windhoek to Arandis / Swakopmund. Internal flights within Namibia are not new as there are several companies already offering remote area travel, landing on even unimproved airstrips.

The space is also expanding and several other companies in the space such as Archer, Zeroavia, Ampaire and so even well-known manufacturers are in the “race” such as Boeing and Airbus. While costs are currently high as with any new or nascent industry approach, adoption will increase the decline of price barriers and ultimately make energy transition a secondary matter.

What makes it important to Namibia?

With vertical take-off and landing capabilities, nearly all of Namibia’s inner areas totalling recently stated to be 268 sites. The aircraft in question has carried out flights in

In 2023, Namibia recorded 863,872 international tourist arrivals, marking an increase of 87.4% compared to 2022 (with 461,027 arrivals) (MEFT, 2023, p. 5). The main purposes of these visits were: Holiday: 49.1% (approx. 424,345 tourists) Visiting friends/relatives:31.3% (approx270,379 tourists) Business:15.8% (approx136,490 tourists) Transit: 3.6% (approx. approx31,099 tourists) (MEFT, 2023, p. 16).

While the 2023 Tourist Statistical Report provides details on international air arrivals, with Airlink (42.6%), FlyNamibia (19.7%), Eurowings Discover (14.1%), and Qatar Airways

Courtesy: Zeroavia

08

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InFocus NAMIBIA AN ENERGY AND SUSTAINABILITY OVERVIEW

Aviation sites (airports/strips) Courtesy: https://metar-taf.com/.

(2.4%) as major carriers (MEFT, 2023, pp. 21-22), It however sadly does not report on domestic flight usage.

makes Namibia hard to explore during normal holiday timelines.

Internal flights are not new to Namibia, as several operators already service remote areas, sometimes landing on unimproved airstrips. Yet, the potential to expand these offerings is substantial. For tourists, the vastness of Namibia often means long distances between attractions, requiring careful planning and lengthy drives that may deter visitors. The introduction of short-haul, sustainable flights could alleviate these barriers, making the country more accessible and attractive for time-constrained travelers.

Namibia’s embrace of next-generation aviation technologies represents more than just a step towards Netzero and greener skies, it is a strategic move to unlock economic, social, and environmental benefits. By positioning itself at the forefront of sustainable aviation, Namibia can foster regional connectivity, support critical services, and invigorate tourism, all while advancing its commitment to a just and inclusive energy future.

The Tourism Exit Survey from 2012-2013, shows that 4% of tourists (approx. 241 of some 6,000 questionnaires) used domestic flights within Namibia, primarily for fly-in safaris and lodge transfers. Although this segment is small, extrapolated as around 35,000 persons, it generates significant revenue, with average expenditures of approximately N$750 per bed-night (N$ 26 million per night). This highlights the need to invest in and strengthen domestic aviation links as even a 10 percent increase would bring this to close to N$ 30 million per night.

https://ippr.org.na/wpcontent/uploads/2016/04/IPPR_Green_Logistics_WEB%20(1).pdf https://ippr.org.na/wp-content/uploads/2024/09/Renewables-Policyand-Practice-A-Look-at-Namibia-Web-.pdf https://www.mme.gov.na/files/publications/fd8_National%20Energy %20Policy%20-%20July%202017.pdf https://www.globalair.com/articles/joby-announces-first-evtol-airtaxi-flight-between-two-public-airports?id=11095 https://scispace.com/pdf/electric-and-hybrid-electric-aircraftpropulsion-systems-kqa0qt3b.pdf https://www.jobyaviation.com/ https://metar-taf.com/country/namibia https://ourairports.com/countries/NA/ https://westair.com.na/about-us.php https://www.selfflysafari.com/ https://archer.com/ https://zeroavia.com/ https://www.npc.gov.na/wp-content/uploads/2023/06/TourismCompetitiveness-Policy-Brief-2016.pdf

Further, to expand the tourist attraction, distances between attractions are often substantial, requiring careful planning and potentially longer driving days than expected resulting visitor hesitation. Added, with the long-haul time commitment needed to arrive and leave Namibia, this

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Readings:

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Key Dates

COMMODITY OF THE MONTH (MAY 2025) Petroleum Jelly (Vaseline)

SOURCE: RDJ CONSULTING SERVICES CC Exported N$ 3,100 Imported N$ 4.9 million

REPO RATE

6.75%

Repo Rate

Bank of Namibia Monetary Policy Announcement Dates

Repo Rate 2025 6.75%

6.75%

Namibia Statistics Agency

Monetary Policy Announcement - April (Published 13 August 2025)

6.75%

6.75%

7

Date

6 5 4

15 October 2025

3 2 1

03 December 2025

0

Feb 2025

Apr 2025

Jun 2025

Aug 2025

Oct 2025

Dec 2025

INFLATION RATE

3.50%

Annual Inflation Rate - June (Published 08 August 2025)

Inflation (CPI)

Monthly Inflation Rate 2025 5 4

3.60% 3.20%

4.20% 3.60%

3.50%

3.70%

3.50%

3 2 1 0

10

Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025 Jun 2025 Jul 2025 Aug 2025 Sep 2025 Oct 2025 Nov 2025 Dec 2025

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InFocus NAMIBIA AN ENERGY AND SUSTAINABILITY OVERVIEW

Lithium: World’s Runner-up Producer SQM Picks Namibia as First African Market contributed by:

largest lithium chemicals producers,” said Anthony Viljoen, CEO of Andrada Mining.

Mark Fones, managing director of SQM International’s lithium division, added: "We are delighted that the Namibian Competition Commission granted approval for our earn-in agreement. With all conditions precedent met, we are set to begin exploration at Lithium Ridge. This milestone marks a key step in the expansion of our lithium asset portfolio, reinforcing our commitment to the global energy transition."

Located in Namibia’s Erongo region, Lithium Ridge is SQM’s first African venture.

Chilean company Sociedad Quimica y Minera (SQM), the world’s second-largest lithium producer, is entering Africa with its first project in Namibia. Despite the recent drop in lithium prices, SQM expects them to rebound driven by growing demand for the mineral which plays a critical role in the global energy transition.

S

QM has received approval from the Namibian Competition Commission (NaCC) to acquire up to a 50% stake in the Lithium Ridge project. South

Despite falling lithium prices in 2024, mining companies and governments remain optimistic about long-term demand.

The International Energy Agency (IEA) predicts global lithium demand will increase more than tenfold by 2050 under net-zero emissions scenarios.

This article was initially published in French

by Walid Kéfi Edited in English by Jason Ange Quenum

Africa’s Andrada Mining, owns the project, through its subsidiary, Grace Simba Investments (GSI). Andrada announced the deal’s approval on February 28, 2025.

Under the agreement signed in September 2024, SQM will invest in stages. First, it will pay a $2 million participation fee and acquire an initial 30% stake by funding $7 million in exploration over 18 months. Later, it will be able to increase its stake to 40% by investing an additional $13 million over two years. Finally, it can reach a 50% stake by committing up to $40 million or completing a feasibility study on the deposit, which is considered a "potential world-class resource."

Andrada Mining will remain the project operator and will receive a "success bonus" if the lithium resources exceed 40 million tonnes.

"We are delighted to receive the Competition Commission's approval for the earn-in agreement with SQM. This approval is the final component required for us to fully launch what will be a transformative partnership with one of the world's

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Fuel Prices August 2025 Fuel Prices Update

SOUTH AFRICA

NIGERIA

BOTSWANA

ZAMBIA

Diesel

Effective as of 01 August 2025

Effective as of 01 August 2025

per litre Petrol Unleaded 95

per litre Diesel 50ppm

Effective as of 11 August 2025

Effective as of 11 August 2025

per litre Petrol Unleaded 95

per litre Diesel 50ppm

Effective as of 11 August 2025

Effective as of 11 August 2025

per litre Petrol Unleaded 95

per litre Diesel 50ppm

Effective as of 11 August 2025

Effective as of 11 August 2025

per litre Petrol Unleaded 95

per litre Diesel 50ppm

Effective as of 11 August 2025

Effective as of 07 July 2025

N$ 20.37/ US$ 1.16

NAMIBIA

ANGOLA

Petrol

R 21.18/ US$ 1.20

Kz 300.00/ US$ 0.33

₦ 835.25/ US$ 0.54 P 14.75/

US$ 1.10

N$ 19.92/ US$ 1.14 R 22.58/ US$ 1.28

Kz 400.00/ US$ 0.44

₦ 996.00/ US$ 0.65

P 14.94/ US$ 1.12

per litre Petrol Unleaded 95

per litre Diesel 50ppm

Effective as of 11 August 2025

Effective as of 11 August 2025

ZK 28.00/

US$ 1.22

per litre Petrol Unleaded 95

ZK 23.13/ US$ 1.00

per litre Diesel 50ppm

The US$ equivalent refers to current exchange rates (August 2025) Data Source: www.mme.gov.na, theglobaleconomy.com

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InFocus NAMIBIA AN ENERGY AND SUSTAINABILITY OVERVIEW

Namibia Growth to Slow in 2025 Before Rebounding in 2026, Central Bank Says contributed by:

• GDP growth will ease to 3.5% in 2025 from 3.7% in 2024 and below the 3.8% forecast.

• Drought-hit livestock sector and weak diamond demand weigh on outlook.

• Growth expected to recover to 3.9% in 2026, slightly above IMF’s forecast.

N

amibia’s real GDP growth will slow to 3.5% in 2025, down from the 3.8% initially forecast and 3.7% recorded in 2024, the Bank of Namibia said in a

report published Monday, August 11. The slowdown stems mainly from weaker activity in the primary sector, particularly livestock, as drought in 2024 reduced herd sizes.

The diamond industry is also expected to extend its decline due to weak global demand, the impact of customs duties and rising competition from synthetic diamonds.

Manufacturing, especially meat processing and basic nonferrous metals, faces difficulties that will further weigh on growth.

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Namibia’s dependence on diamond, uranium and other mineral exports leaves its economy exposed to volatile international prices. The threat is worsened by climate change, which is limiting water availability and constraining mining operations, especially in coastal regions.

Still, the Bank of Namibia expects a turnaround, forecasting 3.9% GDP growth in 2026. The rebound will come from a revival in agriculture, continued gains in construction, and stronger uranium and metal ore output. The projection edges above the IMF’s 3.75% forecast, which also attributes the improvement to better weather patterns.

This article was published in French by Lydie Mobio Edited in English by Ange Jason Quenum

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POWER CONSUMPTION Stove/Oven 4000 Watts = 17.39 Ampere 5000 Watts = 21.74 Ampere 8000 Watts = 34.78 Ampere

Geyser 150 L 3000 Watts = 13.04 Ampere 100 L 2000 Watts = 8.70 Ampere

Kettle 2200 Watts = 9.57 Ampere

Hot Plate 2000 Watts = 8.70 Ampere

Hairdryer 1800 Watts = 7.83 Ampere

Microwave 900 Watts = 3.91 Ampere

Deep-freeze 210 L 30 Watts = 0.13 Ampere 300 L 50 Watts = 0.22 Ampere

Refrigerator 300 L 35 Watts = 0.15 Ampere

Computer 300 Watts = 1.30 Ampere

Incandescent Light Bulb 40 Watts = 0.17 Ampere 60 Watts = 0.26 Ampere 100 Watts = 43 Ampere

Energy Saver (Incandescent Light Bulb) 40 w 5 Watts = 0.02 Ampere 60w 11 Watts = 0.05 Ampere 75w 14 Watts = 0.06 Ampere 100w 20 Watts = 0.09 Ampere

Television 70 Watts = 0.30 Ampere

Decoder 30 Watts = 0.13 Ampere

DVD Player

9 Watts = 0.04 Ampere

Radio 6 Watts = 0.03 Ampere

Washing Machine 2000 Watts = 8.70 Ampere

Heater 2000 Watts = 8.70 Ampere

Dryer 2000 Watts = 8.70 Ampere

Source: Erongo RED

Not Just the Resource Beneath Us: The Youth Among Us Are the Nation’s Greatest Reserve AUTHOR: Kovimariva Samuel Mungunda Emerging Energy & Finance Analyst Date: August 2025

Courtesy: https://www.worldskillsnamibia.na/photo-gallery/gallery/wsas2022/

T

he World Bank warned that despite a sevenfold increase in public education spending over the past 30 years, Sub-Saharan Africa still holds the least

skilled workforce globally (World Bank, 2023). Without radical intervention, it could take another century to close the skills gap, a timeline incompatible with the velocity of energy innovation, financial engineering, and policy reform sweeping across the continent. Namibia, with youth population of over 60 percent (World Economic Forum, 2019), sits at the intersection of urgency and opportunity.

The energy sector is crucial but is no longer just about electrons, it’s about economic sovereignty, technological fluency, and global competitiveness. If youth skilling is not embedded into the national energy strategy, the promise of making energy poverty, history by 2030 (African Energy Week, 2025) risks becoming rhetoric.

according to the Namibia Training Authority, the system still faces a shortfall of over 70,000 students due to limited infrastructure, funding, and program diversity (NTA, 2021).

Fragmented curricula, under-resourced institutions, and a lack of articulation pathways continue to hinder progress.

TVET is not just a skills pipeline, it’s a national productivity engine. But without expansion, reform, and strategic investment, it risks becoming a stalled vehicle in Namibia’s industrialization journey.

Namibia’s Local Content Policy also lacks a youth succession framework. Internships are often short-term, entry-level, and siloed. Bursaries remain conditional, leaving disadvantaged populations behind. If Namibia wants to drive the entire energy value chain, youth must be equipped to operate across upstream, midstream, and downstream sectors.

Since the 2010s, Technical and Vocational Education and Training (TVET) has gained traction in Namibia. Yet,

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Courtesy: https://www.worldskillsnamibia.na/photo-gallery/gallery/wsas2022/

“We risk building an energy economy without energy economists, engineers without ESG fluency, and financiers without governance literacy” This requires a “one-size-fits-all” strategy that blends technical training, policy exposure, and cross-sector mobility. Without it, we risk building an energy economy without energy economists, engineers without ESG fluency, and financiers without governance literacy.

Youth skilling must also be gender intentional. Namibia must move beyond tokenism and build gendered pathways into energy leadership, technical roles, and policy design.

Youth skills directly influence foreign direct investment (FDI) and final investment decisions (FID). A skilled workforce signals national maturity and global readiness.

Investors don’t just look at resources, they look at human capital. If Namibia wants to attract infrastructure funds, green bonds, and sovereign partnerships, it must build a skills ecosystem that speaks the language of capital (PwC CEO Survey, 2019).

Entities like Petrofund, NSFAF, and Exploration and Production companies must collaborate to create a national skills database. This should map: Skills required across the energy value chain Skills currently available Funding gaps and training pathways 16

Scholarship initiatives must be de-risked, decentralized, and data driven. International certifications should be embedded into local programs to ensure global professional readiness by 2029.

But skilling alone is not enough. The ecosystem must be ready. That means: Upgrading telecommunications infrastructure Digitizing company operational systems Building globally recognized energy platforms Youth must enter environments that are competitive, compliant, and delivery focused.

Namibia’s energy future will not be built by chance. It will be built by youth, if we engineer the systems to make them central, not peripheral.

Power the minds, wire the land - when youth rise, the vision lands.

Readings: https://www.worldbank.org/en/region/afr/publication/tacklingafricas-skills-gap-to-build-more-robust-and-diversified-economies https://www.weforum.org/stories/2019/09/why-the-skills-gapremains-wider-in-africa/ https://www.nta.com.na/wpcontent/uploads/2021/09/TVET_POLICY.pdf https://aecweek.com/ //www.pwc.com/gx/en/ceo-survey/2019/report/pwc-22nd-annualglobal-ceo-survey.pdf //efficacynews.africa/2025/07/14/why-impact-investing-mustreshape-ma-strategy-in-africas-energy-landscape/

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InFocus NAMIBIA

NAMIBIA DAM LEVELS UPDATE (August 2025)

Dam's Full Capacity (in Mm3)

Present Volume August 2025 (in Mm3)

100

1000

80 800

600

400

40

200

20

H ar da p

N ec ka rt al

0

0 N Sw au te ak op po or t Vo n Ba O ch lu sh an dj O a m O ar m ur at u ak D o el ta D am O an ob D re O ih tji uk ve ro M O ai tji n ve ro Si lt Fr ie O d m en at au je nn e D am G or ea ng Ti ab ld a Vi ljo en Bo nd D el aa s n Vi ljo en

Water Volume (in Mm3)

60

Name of Reservoir Author’s analysis and representation of NamWater’s weekly dam bulletin - dated 18 August 2025

DEFICIT 15.8%

CAPACITY

1556.71 Mm3

According to records by NamWater’s weekly Dam Bulletins, Namibia has a total Reservoir capacity of 1556.71 million cubic meters (Mm3), whose present volumes stand at 1310.02 Mm3 (or 84.2). This means that the country’s water deficit is currently 246.69 Mm3 (or 15.8%).

85.7% Present % of Full Capacity 14 July 2025

84.2% Present % of Full Capacity 18 August 2025

AVAILABILITY 84.2%

SOURCE: RDJ CONSULTING SERVICES CC

South Africa: Digital Skills Project Targets Schoolchildren to Tackle Youth Unemployment contributed by:

actively contributed to the school upgrade, reinforcing the model of local, skills-based engagement.

South Africa ranked 59th out of 63 countries in the 2022 Global Competitiveness Index for technology infrastructure.

In this context, private-sector partnerships play a key role in closing gaps left by limited public resources.

To create lasting change, experts say these programmes must go beyond one-off interventions. Schools need continuous teacher training, curriculum integration, and institutional support to deliver results.

4Sight Holdings renovated a school in Diepsloot and introduced digital tools and training.

South Africa faces 46.1% youth unemployment, largely due to a digital skills gap.

Experts stress the need for long-term teacher training and integration into national policy.

I

n a bold move to address South Africa’s digital divide and soaring youth unemployment, South African tech company 4Sight Holdings launched a digital education

Similar models are emerging elsewhere in Africa. Microsoft runs coding clubs and digital learning hubs in Tanzania.

Liquid Intelligent Technologies is building education connectivity networks in Kenya. However, their long-term success depends on alignment with national education and digital transformation strategies.

This article was initially published in French by Félicien Houindo Lokossou (intern) Edited in English by Ange Jason Quenum

programme at Laezonia Primary School in Diepsloot, Gauteng, on July 28.

The company renovated classrooms, provided computers and IT equipment, and secured reliable internet access. It also launched a basic IT training programme aimed at preparing young learners for an increasingly digital job market.

South Africa’s youth face alarming unemployment levels.

Stats SA reported that 46.1% of people aged 15 to 34 were unemployed in the first quarter of 2025. Many lack the digital skills needed for growing sectors such as telecommunications, data analysis, and IT. By starting at the primary school level, this initiative lays the groundwork for digital inclusion and long-term employability. It equips learners with essential skills early and builds confidence in using technology.

This initiative forms part of 4Sight Holdings’ Corporate Social Responsibility (CSR) programme. Company staff

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Namibia’s Green Finance Revolution: A Blueprint for Africa’s Energy Future contributed by:

presented by:

By Rebbeka Shipepe, Standard Bank Namibia Client Analyst

Rebbeka Shipepe, Standard Bank Namibia Client Analyst

W

ith world-class solar and wind resources, the country is now pairing natural advantage with financial innovation to reshape its energy future.

At the heart of this transformation is green project financing, a fast-evolving mechanism that is unlocking capital, accelerating infrastructure, and positioning Namibia as a regional leader in the energy transition.

From Energy Deficit to Energy Opportunity Namibia currently imports nearly 70 percent of its electricity, much of it from South Africa. Yet the country is blessed with some of the highest solar irradiance levels on the planet and vast wind corridors that make it a natural candidate for renewable energy leadership.

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The shift is already underway. Namibia is embracing new financial models to reduce energy insecurity, decarbonise its industrial base, and build future export capacity, particularly in green hydrogen. Green project finance is no longer a niche concept, it is becoming central to how Namibia funds its energy ambitions.

Green Finance Gains Momentum Green project financing, which blends public and private capital to fund sustainable infrastructure, is now driving some of Namibia’s most strategic developments.

In 2024, the World Bank approved its first energy-sector loan for Namibia, a US$138.5 million facility to expand solar

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and wind integration, upgrade transmission, and install utility-scale battery storage. A year later, the Climate Investment Funds selected Namibia for up to US$250 million in concessional funding to support industrial decarbonisation and green hydrogen development.

These are not isolated wins. They reflect a growing confidence in Namibia’s ability to deliver bankable, climate-aligned projects.

Blended Finance, A Local Success Story Namibia is also innovating at home. The SDG Namibia One Fund, a joint initiative between Climate Fund Managers and the Environmental Investment Fund, is targeting €1 billion to finance clean energy infrastructure, including the flagship Hyphen Green Hydrogen project.

EIF’s Green Impact Facility is helping local entrepreneurs and SMEs access concessional loans for off-grid solar, water-efficient agriculture, and climate-smart technologies.

Meanwhile, the SUNREF Namibia programme, backed by the French Development Agency, has channelled over €45 million in credit lines through local banks including FNB, Nedbank, and Bank Windhoek.

Capital Market Innovation Namibia’s green finance evolution has reached its capital markets. Bank Windhoek issued the country’s first Green Bond in 2018, followed by a Sustainability Bond in 2021, raising N$227 million for water and energy projects.

Nedbank Namibia has convened green energy finance roundtables to shape investable pipelines. Standard Bank Namibia has taken a leading role in financing clean energy infrastructure, most notably as sole mandated lead arranger, lender, and agent for the 44 MW Diaz Wind Power Project near Lüderitz, the country’s first utility-scale wind farm.

This project reflects Standard Bank’s broader ESG strategy, which supports inclusive and sustainable growth across Africa by financing infrastructure that delivers long-term environmental and economic value. Our commitment to Namibia’s energy transition is not just about funding assets, it is about enabling transformation.

Plant near Omaruru, the Erongo Battery Energy Storage System near Walvis Bay, and the Kokerboom Solar project supplying mining operations in the //Karas Region. The Otjikoto Biomass Power Station, slated for 2027, will use encroacher bush as feedstock. The Hyphen Green Hydrogen project, backed by the SDG Namibia One Fund, is expected to produce 350,000 tons of green hydrogen annually for export.

Each of these projects signal Namibia’s intent, not just to meet domestic energy needs, but to become a clean energy exporter and industrial hub.

Challenges and the Road Ahead Despite strong momentum, challenges remain. SMEs still face barriers to finance, and technical capacity gaps could slow implementation. However, Namibia’s bold approach, blending concessional funding, commercial investment, and local innovation, is attracting global attention.

The Bank of Namibia’s Sustainable Finance Framework, released in 2024, is another milestone. It commits financial institutions to ESG principles and climate-risk disclosures, laying the groundwork for a more resilient financial ecosystem.

Financing Transformation, Not Just Infrastructure Namibia’s green finance journey is about more than solar panels and wind turbines. It is about energy sovereignty, industrial competitiveness, and inclusive growth.

Standard Bank is proud to be part of this journey. Our ESG strategy is rooted in enabling Africa’s transition to a lowcarbon economy, supporting clients and communities with the capital, insights, and partnerships needed to thrive in a changing world.

As global decarbonisation accelerates, Namibia’s model, built on innovation, collaboration, and financial foresight, offers a blueprint for other frontier markets. The future of energy in Africa may well be written in the sun and wind of Namibia.

Flagship Projects Reshaping the Landscape Namibia’s energy map is being redrawn by a series of highimpact projects. These include NamPower’s Omburu Solar

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30 YEARS OF MAKING A DIFFERENCE IN THE ENERGY AND SUSTAINABILITY RELATED SECTORS! As RDJ Consulting we pride ourselves as specialised consultants who provide advisory services, market data and studies, due diligence and offer world class training within our core business area. Collaboration forms an intergral part in what we do as for this year, we are making it that a priority.

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From Oil Rigs to Opportunity: Namibia’s Bid for Inclusive Growth contributed by:

As new oil discoveries continue off the coast of Namibia, authorities are refining their strategy to ensure the economic benefits of this windfall are not limited to multinational corporations.

A

s commercial oil production nears, with the first barrel expected as early as 2029 from the Venus and Graff fields, Namibia is establishing a framework to urn this twindfall into a driver of inclusive development. The

a national Local Content Policy in December 2024 after developing it in 2022.

country is focused on building an ecosystem to redistribute oil wealth rather than pursuing short-term gains sustainably.

The framework aims to embed Namibian businesses across the entire value chain, from exploration to specialized services. A $200 million port expansion and logistics hub in Lüderitz is part of this strategy.

In line with the guidelines of its Sixth National Development Plan, the country has taken actions to reduce national participation in oil projects from 10% to 1% by 2030. The approach goes further, however. The government approved

Deputy Minister of Petroleum Upstream Kornelia Shilunga says the current legal framework is outdated and prevents the state from fully benefiting. She is calling for a major reform to ensure effective governance, structural

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transformation, and active Namibian participation. A new Petroleum Code is expected to include specific local content obligations in contracts.

Upstream petroleum is capital intensive, highly technological, and has long development cycles, which historically has generated few local jobs in African producer countries. Namibia wants to avoid those mistakes. Under its new policy, each operator must submit a detailed Local Content Plan, including commitments on subcontracting, local hiring, and training.

The Ministry of Energy will oversee these provisions, emphasizing transparency and predictability for investors.

Youth at the Heart of the Planned Transformation Youth are central to this strategy. At a recent Youth in Oil and Gas Summit, several officials stressed the need to integrate young people through internships, technical training, and better access to public sector contracts.

fully finances technical studies related to the industry in Namibia, within the Southern African Development Community region, and internationally. To date, more than 438 students have received support, with 90% of master’s graduates finding employment.

Petrofund is also strengthening partnerships with national institutions and major industry players like TotalEnergies, Shell, SLB, and TechnipFMC to provide real-world experience. The fund is developing a national oil sector resume database to connect trained youth with employers.

These initiatives aim to ensure the sector’s growth translates into real value for Namibians.

For now, redistribution remains largely structural and forward-looking. Everything depends on implementation.

The next key steps include finalising investment decisions by operators, adopting the new legal framework, launching a sovereign wealth fund to manage revenues, and defining a clear budget redistribution strategy.

Olivier de Souza

To support this vision, Petrofund, a public fund for petroleum training, launched a scholarship program that

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Solar Energy Production

Meet the Team SILPA KANGHONO

Driving Creativity Through Passion

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S

ilpa Kanghono is the powerhouse behind the stories and content at RDJ Publishing (Pty) Ltd. With an academic background in English and Linguistics, and

professional experience spanning public relations, communications, digital marketing, and event coordination, she brings both creativity and strategic insight to every project. Silpa specializes in crafting impactful content that drives engagement and supports brand visibility and growth. Passionate about storytelling, she is committed to highlighting meaningful initiatives and innovations that matter.

1.Can you describe your role at RDJ Group of Companies and what your day-to-day responsibilities typically involve?

At RDJ Group of Companies, I serve as a Digital Marketing and Events Coordinator, responsible for crafting and managing engaging content across our platforms. My dayto-day involves developing social media strategies, writing and editing articles, coordinating interviews (Women in Focus, Youth in Action, Executive Spotlight), and ensuring our publications reflect industry trends.

2. If you were a brand, what would your motto be?

If I were a brand, my motto would be: "Driving Creativity Through Passion." I live by this motto as it reflects my belief that true innovation and impactful work is born from a deep sense of purpose and genuine enthusiasm. Whether it's storytelling, content creation, or strategic communication, I lead with passion, because that's what fuels creativity and drives meaningful results.

3.What’s your favourite part about working with the team?

My favourite part about working with the team is the collaborative spirit and shared passion for meaningful storytelling. I especially enjoy interviewing people, uncovering their unique journeys, insights, and ideas, then shaping them into narratives that inspire and inform our audience. Every conversation feels like a window into a new world, and sharing those stories is truly rewarding

4.What are some skills or expertise you have developed while working here?

While working here, I’ve honed my skills in social media strategy, and stakeholder engagement. I’ve also sharpened

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my interviewing techniques, learning how to draw out compelling stories and present them in ways that resonate with our audience.

5.What are some of your favourite pieces or features that the publications have issued recently?

I would say each feature stands out in its own way, as they collectively highlight youth innovators, women leaders, and sustainability champions. I enjoy stories that not only inform but also inspire action, spark meaningful conversations, and all our features have captured that beautifully.

6.What is a fun fact about you?

When I’m not behind the scenes bringing ideas to life, I enjoys exploring new experiences that fuel my personal and professional growth.

7.What advice would you give to anyone pursuing a career in digital marketing and events co-ordination?

My advice to anyone pursuing a career in digital marketing and events coordination is to believe in your potential, stay curious, and remain open to learning and innovation. This field demands creativity, passion, and confidence, so never shrink yourself. It might take time, but arrival is guaranteed. Most importantly, stay grounded and purposeful by placing your trust in God and allowing Him to guide your journey.

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Tenders

Namibia Post Limited Description: Procurement for the Supply of Petroleum Products and Dispensing Facility to Namibia Post Limited for a period of Five (5) years.

Bid Closing date: 01 September 2025 at 11h00 https://www.cpbn.com.na/index/bid/80 NamPower Description: Designing, Manufacturing, Delivering, Installing, Testing and Commissioning of 2 x 1600kVA, 11/0.4kV Dyn11 Power Transformers for Ruacana Power Station.

Compulsory Pre- Bid Briefing Meeting(s): 27 Aug 2025 at 10h00 AM – 12h00 PM Bid Closing date: 05 September 2025 at 10h00 Namibian Time https://www.nampower.com.na/Bid.aspx?id=282217 Ministry of Environment, Forestry & Tourism Description: Provision of Transactional Advisory Services to the Lotteries Board of Namibia with respect to the Appointment of a Lottery Operator to Establish the State Lottery in terms of the Lotteries Act, 2017 (Act No. 13 of 2017).

Bid Closing date: 08 September 2025 https://www.meft.gov.na/tenders/provision-of-transactional-advisory-services-to-the-lotteries-board-of-namibia/477/ Oshikoto Regional Council Description: Road maintenance 2025/26 FY Oshigambo Settlement, Oshikoto Region.

Bid Closing date: 12 September 2025 at 11h00 https://oshikotorc.gov.na/documents/1676058/5964297/Road+Maitenance+at+Oshigambo+Settlement+%28Bid+Document%29 .pdf/a7890d3c-1061-ec97-94a2-2688d890eb00?t=1754064593810 CENORED Description: Procurement of an Engineering Procurement and Construction (EPC) Contractor for Optimization of Tsumkwe and Gam Solar PV Plan, Otjozondjupa Region.

Bid Closing date: 18 September 2025 at 10h00 Namibian https://cenored.com.na/wp-content/uploads/2025/08/BID-INVITATION-TSUMKWE-OPTIMIZATION.pdf University of Science and Technology (NUST) Description: Provision of 1.5 GB Bandwidth Internet Services for one (1) year for the Namibia University of Science and Technology.

Bid Closing date: 19 September 2025 at 12h00 https://www.nust.na/sites/default/files/procurement/bids/2025-08/Provision-of-1.5-GB-bandwidth%20.pdf

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Press Releases

Minister of Finance Appoints Three New DBN Board Members Windhoek, Namibia – The Development Bank of Namibia (DBN) is pleased to announce the appointment of three new members to its Board of Directors. The appointments, effective 1 August 2025 to 31 July 2028, were made by the Minister of Finance, Honourable Ericah Shafudah, in line with the Public Enterprise Governance Act No. 1 of 2019 (PEGA) and Cabinet Decision No. 9th/17.06.25/013.

The newly appointed Board members are Desiree Masheshe, a trained lawyer, Bonifasia Siteketa, a qualified Aircraft Engineer and Gerson Kamatuka, a Human Resource expert. They join the current Board members appointed in January 2025: Evangelina Nailenge (Chairperson), Willy Mertens (Deputy Chairperson), Patience Kanalelo, and Marsorry Ickua, whose term runs until 31 December 2027, ensuring continuity and stability in the Bank’s governance structure.

The appointments underscore the Minister’s confidence in the Board’s leadership and its dedication to advancing DBN’s vision of driving sustainable economic development.

Commenting on the appointments, DBN Board Chairperson Evangelina Nailenge welcomed Ms. Masheshe, Siteketa, and Kamatuka to the Board. “Their expertise will strengthen our ability to provide strategic guidance and oversight as DBN continues to drive infrastructure development, enterprise growth, and sustainable economic transformation for Namibia,” she said. The Board plays a pivotal role in guiding the implementation of DBN’s Integrated Strategic Business Plan (2024–2029), which outlines a transformative path to position the Bank as a trusted and responsive partner in Namibia’s development.

The strategy prioritises impact-driven financing in sectors such as infrastructure, manufacturing and green investments, which are vital for productivity, job creation and inclusive growth. Recognising the critical role of development finance in unlocking long-term national value, the plan also emphasises customer experience and service excellence to enhance client outcomes. Anchored in financial sustainability, people and culture, market positioning and development effectiveness, the strategy provides a clear roadmap for delivering lasting impact and strengthening stakeholder trust.

CONTRIBUTING AUTHORS

NICOLE FELIX CHIEF DESIGNER (LAYOUT AND DESIGN) @RDJ PUBLISHING

DAVID JARRETT EDITOR IN CHIEF AND CHIEF EXECUTIVE OFFICER @RDJ GROUP

SILPA KANGHONO COORDINATOR: DIGITAL MARKETING AND EVENTS @RDJ PUBLISHING

LAHJA AMAAMBO CONTRIBUTING AUTHOR @RDJ GROUP

PUBLISHED BY:

GRACE KANGOTUE CHIEF RESEARCHER/ECONOMIST EDITOR @ RDJ CONSULTING

CHILOMBO OLGA PRISCILA CONTRIBUTING AUTHOR @RDJ GROUP

RESEARCH BY:

RENEE JARRETT EXECUTIVE - ADMINISTRATION @RDJ GROUP

PRINTED BY:

ISSN 2026-9080

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