The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hotspot for hydrocarbon investment in recent years. These developments and more will be unpacked at the Invest in African Energy (IAE) forum (https://apo-opa.co/49GYDOy) in Paris, where a Namibian spotlight session establishes Namibia as the premier destination for diversified energy investments. Organized by Energy Capital&Power, IAE 2024 is an exclusive forum designed to facilitate investment between African energy markets and global investors. In addition to the Orange Basin, Namibia’s onshore Kavango Basin is thought to hold more than 30 billion barrels of crude oil. Last May, Namibia commissioned sub-Saharan Africa’s largest green hydrogen production plant.

Source: The North Africa Journal March 05, 2024 19:24 UTC