President Nandi-Ndaitwah calls for stronger Namibia鈥揝outh Africa economic partnerships
via The Namibian6 min read
Her Excellency Dr. Netumbo Nandi-Ndaitwah, President of the Republic of Namibia, addressed the South Africa鈥揘amibia Business Forum, emphasizing the need for enhanced economic cooperation between the two nations. Speaking at the Namibia-South Africa Bi-National Commission, President Nandi-Ndaitwah highlighted the historical ties and shared values that form the foundation of their relationship. She noted that South Africa is Namibia's largest trading partner and a significant source of investment, while Namibia is an important market for South Africa. The President stressed the importance of shifting trade patterns from raw material export to greater industrialization and value addition, aligning with the goals of the African Continental Free Trade Area. Namibia is implementing an economic transformation program to become a competitive investment destination and a gateway to Southern Africa, leveraging its logistics infrastructure through the Port of Walvis Bay. Key investment opportunities were identified in agriculture, mining, energy, oil and gas, tourism, water, fisheries, and transport and logistics. President Nandi-Ndaitwah also pointed to Namibia's recent oil and gas discoveries, renewable energy potential, and Green Hydrogen Program as areas for strategic partnerships with South African investors. She called for collaboration in climate-smart agriculture, agro-processing, and multi-destination tourism. The President underscored the role of governments in creating an ena
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This summary was AI-generated from a story originally published by The Namibian.
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