NAMIBIA SEEKS U.S. INVESTMENT TO BOOST INDUSTRIALISATION
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Namibia is seeking U.S. investment to drive industrialisation, expand energy production and ensure its mineral wealth creates jobs at home.
Namibia is seeking U.S. investment to drive industrialisation, expand energy production and ensure its mineral wealth creates jobs at home.
Africa's richest man, Nigerian industrialist Aliko Dangote, urged Africans to invest more of their capital at home and turn the continent's resources into finished products, telling Unstoppable Africa 2026 in New York that Africa must stop strengthening foreign economies at its own expense.
Namibia is positioning itself as an attractive investment destination, with the mining and quarrying sector continuing to dominate foreign direct investment, followed by financial services and manufacturing.
Oil and gas exploration remains an important driver of investment within the extractive sector.
Namibia is joining other African countries at the Africa Green Hydrogen Summit, taking place from 15 to 16 September.
The summit brings together governments, investors, project developers and other stakeholders to advance green hydrogen across the continent.
Ohangwena Governor Kadiva Hamutumwa has officially launched the Ohangwena Regional Investment Map and Action Plan.
The plan aims to turn the region's potential into tangible investment, job creation and business opportunities across various sectors.
South African President Cyril Ramaphosa said BRICS economies had "confronted profound challenges" but "we have also shown that adversity can create opportunity" as he addressed the BRICS Business Forum on Friday.
The Ministry of Home Affairs, Immigration, Safety and Security (MHAISS) has launched a new Employment Permit to Conduct Business, aimed at creating a more streamlined and predictable immigration process for investors and businesspersons.
The ||Kharas Regional leadership has welcomed the anticipated salmon farming development near Luderitz, urging for meaningful community participation and beneficiation.
Various stakeholders met to deliberate and craft the way forward and gauge project progress.
The N$4 billion salmon project development near the southern coastal town of Luderitz, expected to produce 51 tonnes of salmon and create 5000 jobs at full production, is a step closer to reality.
The Khorixas Town Council has called on businesses, financial institutions, development partners and the community to support the upcoming Khorixas Trade Fair, aimed at promoting investment, entrepreneurship and sustainable economic growth in the town.