26/09/2026
President Netumbo Nandi-Ndaitwah says Namibia wants foreign investment to create more economic activity inside the country rather than leaving it dependent on exporting raw materials.
Speaking at the Namibia-U.S. Business Forum in New York on Friday, Nandi-Ndaitwah said investments in mining, energy, oil and gas, agriculture and other sectors should support local processing, manufacturing and downstream industries. She also called for U.S. partnerships to include skills and technology transfer to Namibians, particularly young people.
The President said the Investment Promotion and Facilitation Bill and Special Economic Zones Bill are nearing completion, with government expecting them to strengthen Namibia’s investment environment.
Report: Peneyambeko Jonas
Photo: Namibian Presidency
