Major oil corporations like Shell, TotalEnergies, Exxon, and Chevron are competing for a stake in Namibia's oil reserves, with production set to begin by 2030. This move could lead to a significant economic transformation in Namibia. Africa is becoming a hydrocarbon giant amidst a global shift away from carbon-intensive economies. Namibia plans to commence construction of its second desalination plant in January 2025.
The impact of anti-tax protests in Kenya, a crude crunch at the Dangote refinery, Namibia's plan to start the construction of its long-awaited second desalination plant in January 2025, and more. This is Africa in Business https://t.co/uraXAHmw8W
Africa is emerging as a hydrocarbon giant precisely as the world is moving away from a carbon-intensive economy. https://t.co/ROcacZ4eJu
WATCH: Take a look at our weekly roundup of the big business stories making headlines in Africa this week https://t.co/2MwRLkkDCv
Take a look at our weekly roundup of the big business stories making headlines in Africa this week https://t.co/9yUUFMdvPS
Major oil corporations like Shell, TotalEnergies, Exxon, and Chevron are vying for a stake in Namibia's oil reserves. Production is expected to start by 2030, potentially bringing about a significant economic transformation in Namibia. https://t.co/upxGsvIWty