Namibia could capitalize on its existing bilateral agreements with Angola to acquire the skills and lessons it needs to fast-track the development of its oil industry.

Mines and Energy Minister Tom Alweendo says such a move would boost the economies of both nations.

Angola is an oil-producing country with ample experience built up over the years.

Following recent oil discoveries, Namibia, as a potential oil producer, will tap into Angola's expertise by collaborating in areas including skills development.