Lüderitz is positioned to become Namibia's energy capital because of emerging industries such as green hydrogen, oil, and gas in the southern coastal town and surrounding areas. 

Vice President Netumbo Nandi-Ndaitwah said this when she officially opened the annual Lüderitz Crayfish Festival. 

Since its inception in 2008, the Crayfish Festival has become a cherished annual event, uniting locals and visitors alike in the celebration of culture, economy, and community spirit. 

Themed 'Riding the Waves towards a Sustainable Future,' the festival set out to enhance socio-economic development in the southern harbour town, particularly within the local tourism economy. 

"The changing economic circumstances in our country require effective, comprehensive strategic planning from the local authorities, regional, and national levels if we are to serve the people of this country efficiently and effectively. Most importantly, we need knowledgeable and skilled labour in administration and business management."

The Vice President noted that incentives for investment are critical to motivating young entrepreneurs and innovators to participate in economic activities and development. 

"Similarly, we have to develop strong cooperation or mutual understanding between the public and private sectors to enable the country to attract and retain investment."

||Kharas Governor Aletha Frederick, along with the festival's patron, Sidney Martin, and ǃNamiǂNûs  Councillor Suzan Ndjaleka, all addressed visitors to the event.

The Vice President also visited the stalls where the festival's exhibitors showcased their products and services.