The Popular Democratic Movement (PDM) has expressed concern over the governance, equity, and transparency of public institutions following the recent announcement of Dino Ballotti's return to the Namibia Investment Promotion and Development Board (NIPDB). 

Vice President Nangolo Mbumba says the discovery of oil and other strategic resources in Namibia have opened up investments and value chains.

Mbumba addressed the Invest in Namibia session on the margins of the US-Africa Summit underway in Tlokweng, Botswana.