During its latest media briefing in early June, ReconAfrica revealed the progress of its exploration work in Namibia's Kavango Basin.
On July 12, ReconAfrica provided an update on its petroleum and gas exploration activities in Namibia's Kavango Basin. The Canadian company, already involved in exploration in the region, has been authorized by the Namibian Ministry of Environment, Forestry, and Tourism to drill 12 more exploration wells in Petroleum Exploration License (PEL) 73. The latter is located in the northeastern part of the country.
The company plans to carry out these activities between July 2023 and July 2026. The primary objective of the project is to identify potentially exploitable petroleum and gas deposits. "The management is currently focusing on developing and prioritizing its inventory of prospects to execute a multi-well drilling program targeting the two primary zones: the Damara fold belt and the Karoo rift basin," the company stated.
Abdel-Latif Boureima
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
EITI says artisanal mining remains absent from Liberia’s official mining statistics Industrial mining generated $121.49 million in revenue in...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar, and wind projects target rising urban power...
Government supplies equipment and inputs to relaunch cotton production State cotton company targets sharp expansion of planted areas from...
EkoNiva held talks with state-owned Giplait on potential dairy farm projects Discussions focus on pilot farms for raw milk production, with no figures...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...