Namibia is working to strengthen its investment climate by reviewing its investment policies and legal framework to provide investors with greater clarity, transparency and predictability.

Addressing the Angola-Namibia Business Forum in Luanda, Nandi-Ndaitwah said the country remains committed to attracting investment while safeguarding national interests and ensuring meaningful participation by Namibians in economic opportunities.

She called on the two countries to identify their respective strengths and align complementary capabilities through joint commercial ventures, integrated regional value chains, technical exchanges and stronger private-sector engagement.

The President stressed that foreign investment should contribute to economic development through job creation, skills development, technology transfer, local enterprise participation and increased productive capacity.

The President said governments could create an enabling policy environment, but businesses must take the lead in identifying commercial opportunities, mobilising capital, innovating, producing and trading.

Nandi-Ndaitwah also called for stronger monitoring and follow-up mechanisms to ensure that bilateral commitments are implemented.

Angola's Minister of State for Economic Coordination, José Massano, highlighted investments in ports and road networks to support economic activity, while noting that access to electricity and increased water production remain important to development.

He said Angola had also pursued privatisation, with about 100 companies transferred to private ownership or opened to private capital, alongside reforms aimed at improving transparency, competitiveness and investment protection.

The two countries were further encouraged to explore joint industrial projects that promote local value addition, technology transfer and the participation of small and medium-sized enterprises.