US positions itself as Namibia's preferred long-term energy and mining partner

US Ambassador John Giordano stated that American companies aim to build lasting partnerships that help Namibia gain more value from its natural resources. He highlighted that the US offers a distinct model of strategic partnership, emphasizing transparency, support for private enterprise, innovation, and long-term value creation. Giordano noted that American investors provide world-class technology, disciplined project management, and access to deep capital markets, while prioritizing local hiring, skills transfer, and the development of domestic supply chains.

He added that the US supports Namibia's goal to move beyond exporting raw materials by investing across the entire value chain, including mining, refining, processing, manufacturing, and recycling. The ambassador contrasted this approach with investment models relying on state-backed financing and opaque contractual arrangements, which he described as strategic liabilities. Giordano mentioned that Namibia is well-positioned to benefit from growing global demand for critical minerals, being the world's third-largest uranium producer with significant rare earth deposits and a developing oil province.

He stressed that attracting long-term investment depends on maintaining investor confidence through transparent r