Discovery of oil in Namibia opens up investments- Mbumba

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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.

The session was convened by the Namibia Investment Promotion and Development Board (NIPDB).


Namibia's investment policies and protection remain key as the country aims to diversify its economic sectors.