Deputy Prime Minister and Minister of Industrialisation, Mines and Energy, Natangwe Ithete is advocating for a review of policies to ensure that the country and its citizens benefit fairly from their natural resources, rather than relying solely on donations or handouts from the mining sector.
President Netumbo Nandi-Ndaitwah has pointed out Namibia's resolve to add value to its natural resources, making cooperation with Russia key.
Dr. Nandi-Ndaitwah held talks with Russia's Deputy Prime Minister, Yuri Trutnev, at State House on Tuesday.
Namibia has been identified as the future of the top wealth hub by the latest New World Wealth report of Henley and Partners.
The annual US-Africa Business Summit hopes to put a spotlight on value addition to Africa's natural resources.
The summit is expected to start on Tuesday in Botswana for four days under the theme 'Enhancing Africa's Value in Global Value Chains'.
