Namibia’s fast-growing oil and gas industry is attracting global investors, with major discoveries by TotalEnergies, Shell, and Galp Energia transforming the nation into a key frontier for African energy. With reserves estimated at 11 billion barrels of oil and 2.2 trillion cubic feet of gas, the country is now on track for first oil production by 2029 — a milestone expected to strengthen its economy and energy security.
Selma Shimutwikeni, CEO of RichAfrica Consultancy, will represent the company at the African Energy Chamber’s (AEC) G20 Africa Energy Investment Forum (www.EnergyChamber.org), set for November 21 in Johannesburg. Her participation underscores Namibia’s growing role in the energy investment conference Namibia, where policymakers, investors, and experts will explore opportunities shaping Africa’s next major energy hub.
Driving Growth Through Energy Investment and Policy Collaboration
As Namibia works to develop its offshore basins, Shimutwikeni is expected to discuss how recent oil discoveries can become catalysts for inclusive economic growth. Her firm, known for consultancy for African energy projects, plays a vital role in guiding policy frameworks, stakeholder partnerships, and responsible investment models. By bridging the gap between government, business, and community interests, RichAfrica Consultancy promotes renewable energy opportunities Africa while ensuring sustainability remains a top priority.
Strong Momentum in Namibia’s Oil and Gas Exploration
Exploration activity continues to accelerate in Namibia’s Orange Basin. Rhino Resources recently announced a new find at the Voltans-1X well in October 2025, following previous discoveries such as Sagittarius-1X and Capricornus-1X. Companies like Oregen Energy Corporation have also expanded their investments, acquiring a 33.95% stake in Block 2712A, while Sintana Energy extended its PEL 79 license by 12 months. These developments highlight Namibia’s potential as a magnet for energy investment conference Namibia discussions and long-term investors.
Beyond offshore exploration, independent operators are advancing onshore projects in the Walvis and Kavango Basins. ReconAfrica, for instance, drilled the Kavango West-1X well in 2025, with results expected later this year — another promising step for renewable energy opportunities Africa.
Empowering Namibia’s Sustainable Energy Future
NJ Ayuk, Executive Chairman of AEC, emphasized the importance of strategic consultancy in this phase:
“At this pivotal stage in Namibia’s energy story, institutions like RichAfrica Consultancy bring together the legal, social, and commercial expertise needed to translate discoveries into long-term national prosperity. The key now is ensuring that investment translates into jobs, skills, and long-term value for Namibians.”
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This story was first reported by APO Group. Read the full article here.