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Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not only create new opportunities for job creation, industrialisation and long-term economic growth, but has demonstrated the lucrative potential of offshore oil in southern Africa.
Africa Land News read moreA project of Phuhlisani NPC supported by Absa. This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike. International License.