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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

IsDB Group Day in Nigeria Advances Private Sector Engagement and Investment Partnerships

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IsDB

The IsDB Group Day served as a strategic platform to present the Group’s comprehensive range of services and solutions in investment, trade finance, insurance, Islamic finance, and capacity building

As Nigeria transitions from economic stabilization to a period of robust expansion in 2026, our focus is firmly set on Growth Acceleration and Investment Mobilization

LAGOS, Nigeria, March 31, 2026/APO Group/ –The Islamic Development Bank (IsDB) Group (www.IsDB.org) successfully concluded the IsDB Group Day in Nigeria on 30 March 2026, bringing together senior government officials, private sector leaders, financial institutions, chambers of commerce, development partners, and international stakeholders to strengthen collaboration, promote investment, and enhance private sector–led growth in Nigeria.

 

The high-level event underscored Nigeria’s strategic importance as Africa’s largest economy and highlighted the critical role of private sector engagement in addressing key development challenges, including infrastructure gaps, youth and women unemployment, limited access to finance for small and medium-sized enterprises (SMEs), and the transition toward a more diversified and sustainable economy.

The IsDB Group Day served as a strategic platform to present the Group’s comprehensive range of services and solutions in investment, trade finance, insurance, Islamic finance, and capacity building.

The event facilitated dialogue amongst policymakers, investors, entrepreneurs, and development partners, fostering meaningful engagement and the exploration of practical business and investment opportunities.

In his keynote address, H.E. Mr. Wale Edun, the Minister of Finance and coordinating Minister of the Economy of the Federal Republic of Nigeria stated:

“As Nigeria transitions from economic stabilization to a period of robust expansion in 2026, our focus is firmly set on Growth Acceleration and Investment Mobilization. This journey toward a $1 Trillion economy by 2030 requires ‘capital with purpose’—investments that bridge the gap between financial stability and tangible social outcomes. Through our strategic partnership with the Islamic Development Bank (IsDB) and the implementation of the Country Engagement Framework 2026-2028, we are modernizing our infrastructure, industrializing our agribusiness, and bringing 10 million Nigerians into productive economic activity. By leveraging innovative instruments like Sukuk, we are not just financing projects; we are building a Nigeria that is resilient by design, inclusive by nature, and a premier destination for global investment.”

The IsDB Group Head of Delegation underscored: “The CEF marks a new era of strategic synergy, moving beyond isolated interventions to deliver integrated, federal-scale solutions. We are aligning our institutional resources to support Nigeria’s transition toward a diversified, high-growth economy—one where the private sector serves as the fundamental engine of development.”

He further emphasized that through this partnership, the Group remains dedicated to accelerating the delivery of integrated transformative solutions that foster national resilience and competitive industrialization.

One of the main features of the program was a panel discussion on Nigeria’s development priorities and the role of IsDB Group in formulating practical avenues of cooperation and forging strategic partnerships to support Nigeria’s path towards sustainable and inclusive development.

The discussions during the IsDB Group Day were closely aligned with Nigeria’s future development vision, which focuses on building a diversified, inclusive, and resilient economy driven by private sector–led growth. Emphasis was placed on expanding access to finance for

SMEs, strengthening public–private partnerships, advancing renewable energy and green infrastructure, and investing in human capital to unlock opportunities for youth and women.

These priorities reflect Nigeria’s commitment to sustainable development, economic diversification, and deeper regional integration through trade and investment.

A series of bilateral (B2B and B2G) meetings were held amongst representatives of the IsDB Group, business leaders, investors, and financial institutions to explore opportunities for cooperation and partnerships with the Islamic Development Bank Group. Inspiring success stories implemented in Nigeria in partnership with local entrepreneurs as well as local and international institutions were also presented.

The event also highlighted the activities, services, and initiatives of IsDB Group institutions, including the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), the International Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank Institute (IsDBI), and the Islamic Development Bank Group Business Forum (THIQAH).

The day concluded with a reaffirmation of the Islamic Development Bank Group’s commitment to continued cooperation  with the Nigerian government and the country’s private sector to further build strategic partnerships, expand investment opportunities, and enhance the business environment, thereby contributing to the achievement of sustainable development in Nigeria.

Distributed by APO Group on behalf of Islamic Development Bank Group (IsDB Group).

 

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Public attitude data are key to building resilient, competitive businesses, Afrobarometer tells private-sector leaders

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Afrobarometer

At the event, Afrobarometer presented data on economic and social conditions tailored for private-sector stakeholders and highlighted the role of citizens’ lived experiences and perceptions in shaping consumer behaviour

NAIROBI, Kenya, March 31, 2026/APO Group/ –Afrobarometer (www.Afrobarometer.org) is urging private-sector leaders and investors across Africa to integrate public attitude data into their decision making, as citizen perspectives are essential to building resilient, competitive, and future-ready enterprises.

This call came through strongly as Afrobarometer engaged business leaders, investors, policy makers, regulators, and innovators at the CEO Conclave and Investors Forum 2026 in Nairobi, Kenya. The forum, convened by the Africa Asia Middle East Chamber of Commerce (AAMECC), brought together about 100 leaders from across the business ecosystem to explore opportunities for investment, innovation, and cross-border partnerships.

At the event, Afrobarometer presented data on economic and social conditions tailored for private-sector stakeholders and highlighted the role of citizens’ lived experiences and perceptions in shaping consumer behaviour, investment climates, and business performance.

“The environments in which you operate are shaped by the expectations, frustrations, resilience, and aspirations of people,” said Felix Biga, chief operations officer for Afrobarometer. “Citizen experiences and perceptions of economic conditions, trust in institutions, access to services, and lived realities all influence market behaviour, investment climates, and ultimately business success.”

The environments in which you operate are shaped by the expectations, frustrations, resilience, and aspirations of people

Participants echoed the value of integrating citizen-centred data into business planning.

“As Africa emerges as a significant frontier for economic growth, those who lead will be organisations prioritising insights derived from robust data, particularly citizen-centred data,” said Peter Mutinda, president of AAMECC.

“What is most important to me in business, especially when working with African partners, is starting with data, then building connections and cooperation, and only then moving into the details and country-specific specialisations,” said Pawel Zarzecki, an export manager at Bart, a health-focused manufacturer.

Eve Mischeki from the Women in Business network also underscored the relevance of the findings presented by Afrobarometer.

“As a woman in business, I see strong synergy with Afrobarometer’s data, particularly in the key priorities it highlights, which closely reflect the realities we navigate,” she said.

This engagement forms part of Afrobarometer’s broader effort to deepen collaboration with business leaders through a series of targeted dialogues aimed at increasing awareness of its data and co-creating solutions that respond to both business and societal priorities.

Distributed by APO Group on behalf of Afrobarometer.

 

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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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