Namibia’s Minister of Industries, Mines and Energy, Modestus Amutse, has launched the compact with the goal of cutting the country’s dependence on imported electricity.
The compact aligns with Mission 300 and supports Namibia’s Sixth National Development Plan, which targets electricity access for 200,000 households. It also supports the National Integrated Resource Plan, which sets out to reach 80% electricity self-sufficiency and 70% renewable energy use.
At present, Namibia produces about 40% of its electricity locally and imports the remaining 60% from neighboring countries.
On the exploration and production side, which remains a key pillar of Namibia’s power sector, several companies are reporting encouraging results. One recent example is Reconnaissance Energy Africa, which described 2025 as a strong year in its end-of-year operational update. The company said it made progress on several strategic priorities and completed drilling its second well in the Damara Fold Belt, where it encountered significant hydrocarbons.
Following the results from the Kavango West 1X well, the partnership led by ReconAfrica alongside NAMCOR and BW Energy visited Namibia and met with President Nandi-Ndaitwah. The company said it appreciated the President’s acknowledgment of the importance of the hydrocarbons found at Kavango West and the role the partnership can play in supporting onshore hydrocarbon development and securing Namibia’s long-term energy supply, according to President and CEO Brian Reinsborough.
source: /oilreviewafrica.com
African Energy Council