China's Ambassador to Namibia, Zhao Weiping, urged Namibians not to believe the notion that China is pursuing neo-colonialism on the continent, as most African countries have a mutually beneficial relationship with the Asian powerhouse.

Ambassador Weiping made these remarks during a media briefing at the Chinese embassy in Windhoek.

The Development Bank of Namibia (DBN) has clarified its position on financing mining exploration activities, stating that it does not provide funding for such business activities.

DBN has faced criticism for allegedly discouraging certain Namibians, particularly small-scale miners, who are interested in acquiring EPLs in the mining sector.