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Home Business Extractives/Energy

Namibia Drives Energy Growth with Local Content 

April 23, 2025
in Extractives/Energy
Reading Time: 5 mins read
0

Namibia is making bold strides toward positioning itself as a model for inclusive and sustainable energy development, with a strong focus on local content and value creation at the heart of its national strategy. 

Delivering the opening keynote, Namibia’s Prime Minister Elijah Ngurare articulated the government’s commitment to human capital development and infrastructural growth as foundational pillars of the country’s emerging energy sector. 

“Our approach is practical and focused on long-term impact.

“Local content includes value addition and developing downstream infrastructure, but at the core of this is human capital development – equipping locals to lead in a changing global industry.” 

Elijah Ngurare, Namibia’s Prime Minister

Namibia’s focus on local empowerment is particularly timely, as the country stands on the cusp of significant hydrocarbon development.  

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Namibian Prime Minister Elijah Ngurare
Namibian Prime Minister Elijah Ngurare

Massive offshore discoveries in the Orange Basin, along with growing interest in Walvis Bay and the Kavango Basin, have made Namibia one of Africa’s most promising frontier markets. 

However, instead of relying solely on foreign capital and expertise, the country is laying the groundwork to ensure local stakeholders are at the forefront of this growth. 

Hon. Ngurare also reaffirmed Namibia’s commitment to broader African energy goals, noting that the continent accounted for 8% of global oil supply in 2024.  

He expressed Namibia’s determination to contribute to increasing Africa’s oil production to 7 million barrels per day, positioning the country as both a regional and continental leader in energy development. 

Deputy Prime Minister and Minister of Industries Mines Energy
Deputy Prime Minister and Minister of Industries, Mines & Energy

Deputy Prime Minister and Minister of Industries, Mines & Energy, Natangwe Ithete, echoed these sentiments, emphasizing the need for Namibia to evolve beyond being a mere exporter of raw resources.  

“We want to prioritize local content and become a hub for processing.

“Creating jobs and developing infrastructure will drive industrialization and ensure regional energy security.” 

Natangwe Ithete, Deputy Prime Minister and Minister of Industries, Mines & Energy

Ithete noted that Namibia’s upcoming exploration and development projects are opportunities for domestic growth as well as catalysts for regional economic integration within the Southern African Development Community. 

AEC Backs Namibia’s Strategy 

NJ Ayuk Executive Chairman of the AEC
NJ Ayuk, Executive Chairman of the AEC

The African Energy Chamber (AEC) has joined Namibian officials in advocating for local content and inclusive development. NJ Ayuk, Executive Chairman of the AEC, emphasized the critical need for Namibia to develop its resources while ensuring Namibians are actively involved in the process. 

“Namibia and Africa have an energy deficit, and our message is clear: we must develop every drop of hydrocarbons to power our people.

“Namibians need to be part of that process, and there should be no apology in pushing for local content.” 

NJ Ayuk, Executive Chairman of the AEC

Ayuk also underscored the importance of regulatory and fiscal stability to attract and sustain energy investment.  

“We can’t produce wells without regulatory stability.

“We’ve seen African nations make discoveries but fail to produce due to instability. We must learn from those mistakes. We don’t want Namibia to repeat the delays experienced elsewhere.” 

NJ Ayuk, Executive Chairman of the AEC

Namibia’s proactive stance on local content and value creation resonates with the central themes of African Energy Week (AEW) 2025, which will be held in Cape Town from September 29 to October 3.  

7th Namibia International Energy Conference NIEC
7th Namibia International Energy Conference (NIEC)

The conference will spotlight Namibia’s rising profile as a model for integrating local participation with investor confidence.  

Discussions at AEW are expected to focus on frontier and deepwater exploration, regional infrastructure integration, and the development of localized supply chains. 

As Africa’s premier platform for energy dialogue and investment, AEW will provide an opportunity to turn Namibia’s ambitions into actionable policies, deals, and partnerships that support both economic empowerment and energy security. 

With international operators increasingly active in the Orange Basin and other regions, Namibia is emerging as a frontier exploration hotspot and a regional leader in inclusive, value-driven energy development.  

By prioritizing skills training, local content, and job creation, Namibia is setting a new benchmark for sustainable resource utilization. 

From Windhoek to Cape Town, momentum is building. While NIEC 2025 has reignited discussions around Namibia’s energy future, AEW 2025 promises to take these conversations further—transforming aspirations into tangible outcomes that will shape the energy landscape across Namibia and beyond. 

READ ALSO: Recent Auction Undersubscription Signals Market Caution, Not Panic- Analyst 

Tags: African Energy Week 2025Energy securityNamibia Energy Sectoroil and gas investmentOrange Basin Discoveries
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