{"id":967,"date":"2022-09-20T13:05:06","date_gmt":"2022-09-20T13:05:06","guid":{"rendered":"http:\/\/dailykenya.co.ke\/?p=967"},"modified":"2022-09-20T13:05:06","modified_gmt":"2022-09-20T13:05:06","slug":"namibias-namibian-investment-promotion-development-board-nipdb-joins-african-energy-week-2022-as-diamond-sponsor","status":"publish","type":"post","link":"https:\/\/dailykenya.co.ke\/index.php\/2022\/09\/20\/namibias-namibian-investment-promotion-development-board-nipdb-joins-african-energy-week-2022-as-diamond-sponsor\/","title":{"rendered":"Namibia\u2019s Namibian Investment Promotion Development Board (NIPDB) Joins African Energy Week 2022 as Diamond Sponsor"},"content":{"rendered":"\n

The African Energy Week (AEW) (www.AECWeek.com<\/a>) 2022 conference and exhibition – Africa\u2019s premier event for the oil and gas sector which will be taking place from October 18-21 this year in Cape Town – will serve to drive long-term energy investment in Africa with the aim of ushering in a new era of socioeconomic growth. In line with this objective, and as a facilitator of improved local and foreign direct investment in Namibia, the Namibian Investment Promotion Development Board (NIPDB) will be participating as a diamond sponsor at this year\u2019s edition of the AEW conference.<\/p>\n\n\n\n

Representing one of Africa\u2019s fastest growing energy markets, the NIPDB\u2019s presence and participation as a diamond sponsor at Africa\u2019s biggest event for the energy sector will be crucial for shaping dialogue around current investment trends as well as the challenges and opportunities present across both Namibia\u2019s and the continent\u2019s energy sector.<\/p>\n\n\n\n

The discovery of sizable oil and gas reserves by TotalEnergies at the Venus 1-X well; and Shell and Qatar Energy at the Graff-1 well in early 2022 \u2013 as part of a massive exploration campaign launched by the Namibian government to maximize the exploitation of local energy resources to meet local and regional energy needs \u2013 has opened up significant opportunities across the entire energy value chain in Namibia. In addition to realizing the potential of the country\u2019s oil and gas prospects, the discoveries, along with the country\u2019s favorable investment climate, have positioned Namibia as lucrative investment destination in 2022 and beyond.<\/p>\n\n\n\n

Moreover, with major players expanding upstream investments across Namibia\u2019s untapped hydrocarbons-rich basins – in search of similar discoveries made at Venus and Graff-1 – massive investment opportunities remain across exploration and production landscapes. By shaping critical conversations in keynote addresses and networking forums, NIPDB will highlight these opportunities to regional, continental and international energy stakeholders and investors whilst promoting the role the country\u2019s oil and gas will play in making energy poverty history across the continent by 2030. For Namibia, the discoveries promise a new era of economic growth on the back of oil and gas while for Africa, new supply streams at a time when the continent desperately requires new sources of energy. <\/p>\n","protected":false},"excerpt":{"rendered":"

The African Energy Week (AEW) (www.AECWeek.com) 2022 conference and exhibition – Africa\u2019s premier event for the oil and gas sector which will be taking place from October 18-21 this year in Cape Town – will serve to drive long-term energy investment in Africa with the aim of ushering in a new era of socioeconomic growth. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-967","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/comments?post=967"}],"version-history":[{"count":1,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/967\/revisions"}],"predecessor-version":[{"id":968,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/posts\/967\/revisions\/968"}],"wp:attachment":[{"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/media?parent=967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/categories?post=967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailykenya.co.ke\/index.php\/wp-json\/wp\/v2\/tags?post=967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}