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Namibia’s Onshore Drive: Emerging Opportunities Beyond the Deepwater Frontier

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African Energy Chamber

With onshore drilling results in hand and key production tests planned for 2026, Namibia’s frontier basins are moving into sharper focus – creating new openings for investors at this year’s Namibia International Energy Conference

WINDHOEK, Namibia, February 12, 2026/APO Group/ –Namibia’s upstream narrative has, until recently, been defined by deepwater success in the Orange Basin, where major offshore discoveries have transformed perceptions of the country’s hydrocarbon potential. Galp’s Mopane discovery, estimated to hold up to 10 billion barrels of oil equivalent, alongside TotalEnergies’ Venus find, has firmly positioned Namibia on the global exploration map and underpinned expectations of first offshore oil before the end of the decade. Alongside this offshore momentum, however, a parallel story is unfolding onshore, where frontier basins, lower entry costs and improving geological understanding are drawing increased attention from explorers and investors alike.

 

What Makes Onshore Namibia Attractive?

Onshore Namibia presents a compelling proposition, particularly in the current global investment climate. Compared with deepwater developments, onshore exploration offers significantly lower drilling and operating costs, shorter project timelines and greater flexibility during appraisal. These advantages help reduce risk while allowing companies to test frontier plays more efficiently – a key factor given that Namibia’s onshore basins remain underexplored by international standards.

The most advanced onshore exploration activity is currently taking place in the Kavango Basin, led by ReconAfrica. In December 2025, the company completed drilling at its Kavango West 1X well to a depth of approximately 4,200 meters. Data collected during drilling confirmed the presence of hydrocarbons across a substantial section of the well, including several zones that could potentially support future production. Additional hydrocarbon indications were identified at deeper levels, pointing to the possibility of multiple viable targets within the basin. While the well was not immediately placed into production, the results marked one of the most significant onshore milestones achieved in Namibia to date and confirmed the existence of a working petroleum system.

Building on these findings, ReconAfrica plans to return to Kavango West 1X in early 2026 to conduct a production test. The results of this program will be critical in determining whether the hydrocarbons identified can be produced at commercial rates and whether the Kavango Basin can progress from exploration concept to viable development. Beyond this initial well, the company controls a substantial onshore acreage position across Namibia and neighboring Angola, providing considerable scope for follow-up drilling and potential farm-in opportunities should results prove encouraging.

Further west, the Owambo Basin represents another onshore frontier attracting growing interest. Exploration efforts led by joint ventures involving Monitor Exploration, 88 Energy and Legend Oil Namibia have focused on gravity, magnetic and environmental surveys under Petroleum Exploration Licence 93. These studies have identified several structural leads, including large closures capable of supporting hydrocarbon trapping within a rift-related petroleum system. While seismic acquisition and interpretation are expected to continue through 2026, the basin is increasingly viewed as a medium-term opportunity that could complement progress in the Kavango Basin.

Exploration and Activity Outlook

Looking ahead, 2026 is shaping up to be a defining year for Namibia’s onshore ambitions. In addition to the planned Kavango West production test, operators are expected to expand geochemical sampling and subsurface studies across multiple lisence areas, both within Namibia and along its onshore extension into Angola. These programs are aimed at reducing exploration risk and supporting investment decisions at a time when African onshore oil and gas spending is forecast to rise, driven by demand for lower-cost, shorter-cycle developments.

As this onshore momentum builds, the Namibia International Energy Conference (NIEC) is emerging as a key forum for engagement between government, operators and investors shaping the country’s upstream future. Scheduled to take place in Windhoek from 14–16 April 2026 under the theme “The Road to First Oil and Beyond,” NIEC brings together policymakers, regulators, explorers, financiers and service providers at a critical point in Namibia’s development trajectory. While offshore projects continue to dominate global headlines, the conference provides onshore explorers with a platform to showcase progress, advance partnerships and engage investors seeking diversification beyond deepwater plays.

For onshore licence holders, NIEC creates tangible opportunities to progress farm-in discussions, secure technical and financial partners and align exploration timelines with national development priorities. As Namibia advances both offshore and onshore, NIEC ensures that policy, investment and technical planning move forward in step.

The African Energy Chamber serves as the strategic partner of NIEC 2026, working alongside government and industry to advance investment, local content and responsible energy development in Namibia.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Leah Nakazwe Kooma appointed as Chief Executive Officer (CEO) of Liquid Intelligent Technologies Zambia

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Zambia

With over two decades of experience across the telecommunications, financial services, and media sectors, Leah’s appointment underscores Liquid’s strategic growth and dedication to expanding its leadership in digital infrastructure in Zambia and beyond

LUSAKA, Zambia, March 31, 2026/APO Group/ –Liquid Intelligent Technologies (http://Liquid.Tech/), a business of Cassava Technologies, a global technology leader of African heritage, is pleased to announce the appointment of Leah Nakazwe Kooma as Chief Executive Officer of Liquid Intelligent Technologies Zambia, effective 1 April 2026.

With over two decades of experience across the telecommunications, financial services, and media sectors, Leah’s appointment underscores Liquid’s strategic growth and dedication to expanding its leadership in digital infrastructure in Zambia and beyond. This move reflects our ongoing commitment to innovation and regional development.

Leah’s leadership is pivotal at this stage for our Zambia business and the broader region

“Leah’s leadership is pivotal at this stage for our Zambia business and the broader region. Her proven ability to deliver results will drive Liquid Zambia’s next phase of growth,” said Wellington Makamure, CEO of Sub-Saharan Africa, Cassava Technologies.

Leah began her career at Barclays Bank before joining Celtel, where she worked across multiple African markets. She joined the founding team of Vodafone Zambia in 2016, playing a key role in launching the country’s first 4G LTE network as Chief Sales and Distribution Officer. In 2017, she joined MultiChoice Zambia as the GOtv Commercial General Manager and was later appointed Chief Customer Officer, then Managing Director.

“I am very excited about joining the Liquid team. I have watched from the terraces as the business has evolved over the years, and I believe that, together with my team, we can take it to the next level. Having started my career in sales, marketing, and customer service has helped me understand what customers want and how to treat them. Over the years, I have had the privilege of working with people from different backgrounds and cultures, which has enabled me to collaborate seamlessly across diverse business environments. This experience also helped me grow into an effective communicator, whether with customers, clients, or co-workers,” explains Leah.

Leah holds a Bachelor of Arts Degree in Economics and Development Studies from the University of Zambia and a Master of Business Administration from the University of South Wales. She currently serves on several boards, including as Board Chair for the Mulungushi International Conference Centre, and is a member of the Institute of Directors and Business Professional Women International.

Distributed by APO Group on behalf of Liquid Intelligent Technologies.

 

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Business

Afreximbank to Hold its 33rd Annual Meetings in El Alamein, Egypt, from 21–24 June 2026

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Afreximbank

The meetings will bring together Heads of State, government officials, policymakers, private sector leaders, financial institutions, academia and international partners from across Africa and beyond

CAIRO, Egypt, March 27, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (http://www.Afreximbank.com) has announced that it will hold its 33rd Annual Meetings (AAM2026) at El Alamein in Egypt, from 21 to 24 June 2026.

Against the backdrop of deepening geopolitical re-alignment and conflicts, Afreximbank will hold its 33rd Annual Meetings under the theme “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty”, underscoring the growing imperative for African countries to harness internal capacities, strengthen regional value chains, and accelerate industrial transformation as a foundation for sustainable and resilient growth.

The meetings will bring together Heads of State, government officials, policymakers, private sector leaders, financial institutions, academia and international partners from across Africa and beyond.

Through a series of strategic dialogues and engagements, Afreximbank aims to identify priority projects and actionable programmes that will advance the transformation of Africa’s trade structure, particularly in an era shaped by protectionism, shifting alliances, and economic self-interest.

As the host country of Afreximbank, Egypt is honoured to welcome distinguished delegates to attend the Bank’s 33rd Annual Meetings

Commenting on the AAM2026, Dr George Elombi, President and Chairman of the Board of Directors at Afreximbank, expressed his appreciation to the Government of Egypt for hosting the 2026 Annual Meetings. He said, “For the past decade, Afreximbank has laid a solid foundation for intra-African trade to take off. As we enter this new phase, we must prioritise the processing of goods to be traded under the Free Trade Agreement.”

“With the current global turmoil, marked by policy uncertainty and intensifying geopolitical tensions, Africans must look inwards for solutions relevant to their challenges. We must wean ourselves off trade in commodities, expand investment in processing, build regional value chains, and consume our products to realise the growth and shared prosperity we want.

H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), affirmed: “As the host country of Afreximbank, Egypt is honoured to welcome distinguished delegates to attend the Bank’s 33rd Annual Meetings. At a time of increasing global uncertainty and shifting economic dynamics, Egypt’s strategic location and economic scale position it as a key driver of regional integration and advancing continental priorities. Hosting the AAM2026 in El Alamein, reflects Egypt’s continued commitment to supporting African institutions strengthening intra-African trade and advancing the continent’s industrialization and long-term economic transformation.”

The AAM2026 will provide a unique platform for delegates to engage with high-level decision-makers, connect with partners across the value chain, gain insights into trade finance and logistics, and access capital and close investment deals. The meetings will also serve as a platform to structure partnerships and advance bankable projects across the continent.

By convening a diverse range of stakeholders, AAM2026 will contribute to advancing a shared vision of an integrated, industrialised, and economically sovereign continent.

Further information about the AAM2026 can be found https://apo-opa.co/4dxAQFB

Distributed by APO Group on behalf of Afreximbank.

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Energy

Nigeria’s Nigerian Content Development and Monitoring Board (NCDMB) Secures Key Local Content Role at African Energy Week (AEW) 2026

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African Energy Chamber

NCDMB joins AEW 2026 as Local Content Partner, showcasing Nigeria’s capacity-building drive, industrial projects and funding initiatives aimed at boosting indigenous participation and investor confidence

CAPE TOWN, South Africa, March 27, 2026/APO Group/ –Parastatal regulatory agency the Nigerian Content Development and Monitoring Board (NCDMB) will participate at this year’s African Energy Week (AEW) 2026 as an official Local Content Partner, reinforcing its leadership in advancing indigenous capacity across Africa’s energy sector. Taking place from October 12–16 in Cape Town, the event will provide a strategic platform for the NCDMB to showcase Nigeria’s evolving local content framework and investment opportunities.

 

In parallel, the NCDMB continues to strengthen its domestic capabilities, most recently launching a 12-month pipeline engineering training program in March 2026 for 33 young engineers in Port Harcourt. Delivered in partnership with Renaissance Africa Energy and MJD Oilfield Services, the initiative focuses on pipeline pigging, corrosion control and integrity management, aligning workforce development with major infrastructure projects like the Ajaokuta-Kaduna-Kano Gas Pipeline.

 

On the infrastructure front, the board is advancing construction of a 204-room Radisson-managed hotel and conference center in Yenagoa, scheduled for commissioning this December. Positioned adjacent to the Nigerian Content Tower, the facility is designed to support industry collaboration. Complementing this, the NCDMB has commissioned a Clinical Skills and Simulation Laboratory at Bayelsa Medical University, enhancing healthcare capacity in host communities through cutting-edge training technologies.

 

The participation of the NCDMB at AEW 2026 is a strong signal that Africa is serious about building its own capacity and retaining value within the continent

Industrial expansion remains a core pillar of the board’s strategy. Under the Nigerian Oil and Gas Parks Scheme, pilot parks in Odukpani and Emeyal-1 are nearing completion and are expected to generate around 2,000 jobs each. These shared-services industrial hubs are designed to localize manufacturing, reduce costs and enable indigenous firms to scale production across upstream and midstream value chains.

 

From a financial and policy standpoint, the NCDMB is deploying multiple funding mechanisms, including a $100 million equity investment scheme, a $500 million intervention fund and a $20 million women-focused initiative. Recent enforcement measures – such as stricter expatriate quota controls and mandatory compliance certification – further signal a shift toward deeper localization, transparency and long-term investor confidence in Nigeria’s oil and gas sector.

 

“The participation of the NCDMB at AEW 2026 is a strong signal that Africa is serious about building its own capacity and retaining value within the continent,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Local content is not just policy – it is the foundation for sustainable growth, job creation and energy security across African markets.”

 

As AEW 2026 convenes global investors, policymakers and operators, the inclusion of the NCDMB as a Local Content Partner underscores the growing importance of in-country value creation. With dedicated forums on skills development, technology transfer and industrialization, the event is set to drive actionable dialogue on how local content can unlock resilient, competitive and investment-ready energy ecosystems across Africa.

Distributed by APO Group on behalf of African Energy Chamber.

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