The Electricity Control Board of Namibia (ECB) has absolved Regional Electricity Distributors (REDs) of blame for the exorbitant tariffs that several Namibians are enduring.

The African Development Bank (AfDB) says Namibia needs at least N$94.6 billion to meet its climate targets and about N$11.2 billion to achieve its green growth objectives from 2021 to 2023.

The International Monetary Fund (IMF) has praised Namibia's strong fiscal discipline and prudent economic policies, which have spared the country from seeking financial assistance from the global lender.

The International Monetary Fund (IMF) says Namibia's real GDP grew by 4.6% in 2022, with continued expansion expected at a rate of 3.2% this year, which is poised to surpass pre-pandemic levels. 

Impact Oil & Gas says positive results from the appraisal and exploration program on Block 2913B, offshore Namibia, have provided crucial data required to advance development studies toward the first development of the oil block.

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