Namibia launches National Energy Compact

Namibia inches ahead towards the Mission 300 -- a World Bank Group and African Development Bank-led initiative as it announces the launch of its National Energy Compact

A strategic framework to solidify the country's participation in the global initiative, the National Energy Compact will have a significant contribution in advancing the Mission 300 -- an initiative to make electricity accessible to 300 million people across sub-Saharan Africa by 2030.

Namibia's Minister of Industries, Mines and Energy, Modestus Amutse, has introduced the compact that aims to reduce Namibia's reliance on imported electricity. 

Alongside Mission 300, the compact is also relevant to Namibia's Sixth National Development Plan, which aims to bring together 200,000 households. It will also be advancing the National Integrated Resource Plan that has been put in place to achieve 80% electricity self-sufficiency and 70% renewable energy penetration.

Namibia presently generates around 40% of its power domestically, with the remaining 60% sourced from neighboring countries. 

In the exploration and production front, which is also one of the primary backbone to Namibia's power industry, several players are announcing promising revenues. The latest instance for this is Reconnaissance Energy Africa which has reported a productive 2025 in its year-end corporate operational performance. “We have had an active and productive 2025 in which we advanced the Company on multiple strategic fronts. We completed drilling our second well in the Damara Fold Belt resulting in encountering of significant hydrocarbons...While recently visiting Namibia after our Kavango West 1X well results, the partnership group operated by ReconAfrica and including NAMCOR and BW Energy, had the privilege of meeting Her Excellency President Nandi-Ndaitwah. We are grateful for the President’s recognition of the significance of hydrocarbons encountered in the Kavango West well and how the partnership can help support onshore hydrocarbon development and the long-term energy supply for Namibia,” said Brian Reinsborough, President and CEO.