The two-day Investment Conference began this morning in Ongwediva, bringing together local and international business professionals.

This much-awaited second conference, aimed at outlining the economic advancement of the Oshana Region, is held under the theme "Igniting Economic Growth".

The conference brought together senior government officials, including ministers and regional authorities, who acknowledged its importance in promoting cooperation between the public and private sectors.

In a speech delivered on her behalf, Deputy Prime Minister Netumbo Nandi-Ndaitwah commended the region for its remarkable initiative, asserting that it will yield benefits not only for the region but for the country at large.

"This conference serves as a platform for the entrepreneurs, business community, community leaders, and political leaders to collaborate and maximise the region's potential by fostering partnerships and encouraging local entrepreneurs to create a thriving ecosystem that promotes innovation, job creation, and economic prosperity."

Discussions at the conference will centre around pivotal sectors, including agriculture, manufacturing and processing, tourism and hospitality, renewable energy, information technology, and more.

Oshana governor Elia Irimari says the region possesses untapped potential, and opportunities within these areas can be harnessed to drive growth in the region's economy.

"In a world of increasing interconnectedness, collaboration becomes the catalyst for progress. Today, we stand united as stakeholders in the journey to ignite economic growth. Let this conference be a platform where ideas converge, partnerships flourish, and aspirations transform into reality."

Conducted by industry experts, simultaneous workshops explored subjects including securing financing for SMEs, fostering innovation ecosystems to nurture the growth of startups, and establishing regulatory frameworks that promote investment and ensure fairness among participants.