Energy
Namibia Moves to Consolidate Control of Oil Sector in Presidency
Namibian President Netumbo Nandi-Ndaitwah started to bring oil and gas more directly under her control earlier this year.
Photographer: Simon Maina/Getty ImagesNamibia plans to consolidate control of its petroleum sector under the office of the presidency, as the southern African nation edges toward becoming an oil producer.
The move is part of a proposed amendment to the Petroleum Act, Defense and Veterans Affairs Minister Frans Kapofi — who is also serving as Minister of Industries, Mines and Energy — said in Parliament late Tuesday.