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Namibia Investment Opportunities Highlighted by President

President H.E. Dr. Netumbo Nandi‑Ndaitwah recently met with nearly 30 leading international corporations at a Roundtable Business Breakfast Meeting organized […]

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President H.E. Dr. Netumbo Nandi‑Ndaitwah recently met with nearly 30 leading international corporations at a Roundtable Business Breakfast Meeting organized by the Business Council for International Understanding in partnership with the Namibia Investment Promotion and Development Board. The event gave the President a platform to outline Namibia’s development agenda, which prioritises human‑centred growth and a mixed economy that draws on contributions from both the public and private sectors.

In her address, President Nandi‑Ndaitwah highlighted investment opportunities in critical sectors such as minerals, oil and gas, renewable and conventional energy, tourism, and education. These opportunities are supported by a policy shift aimed at promoting value addition and skills transfer, with the goal of reducing unemployment and fostering inclusive growth. She stressed the importance of economic transformation that benefits both investors and the local population, ensuring an equitable sharing of the country’s resources.

The President reiterated Namibia’s commitment to creating an investment‑friendly environment and stressed the need for diversification beyond traditional industries like diamonds. By tapping into emerging sectors, the country aims to secure a sustainable and prosperous future, contributing to overall economic growth while ensuring that investment benefits are shared equitably among all stakeholders.

The Roundtable Business Breakfast Meeting served as a forum for international corporations to engage with the Namibian government and explore potential investment opportunities. The event underscored Namibia’s efforts to attract foreign investment, promote economic development, and emphasize responsible, sustainable investment practices. As the nation continues its economic transformation, the government’s dedication to a favourable business environment is likely to remain a key factor in attracting international investment and driving growth.

Ifunanya

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