The Diplomatic Society

 
  • Increase font size
  • Default font size
  • Decrease font size

Namibia- Partnering for growth

 

Pictured (l-r) Alexandria Angala, Chief Agricultural Economist for Namibia, Christian Faure of Namport, High Commissioner Marten Kapewasha, Bonavetura Hinda, Commercial Counsellor
and Namibian Deputy Minister of Trade and Industry, Mr Tweya Tjikero

Beneficiation, localization and partnership were the thrust of the Namibian Investment Seminar hosted by the Ministry of Trade and Industry of the Republic of Namibia in collaboration with the High Commission of the Republic of Namibia in South Africa.

In his introduction High Commissioner Marten Kapewasha of Namibia to South Africa spoke of Africans investing in Africa, the integration of Africa through partnerships and the many opportunities to diversify Namibia’s economic portfolio beyond natural resource exportation in its raw form.

The Namibian Deputy Minister of Trade and Industry, Mr Tweya Tjikero, spoke of his country’s 2.3million people that live in a country with a land mass of 824 000km squared. He explained the colonial history of Namibia which was under the control of Germany, then was given to South Africa and has been a constitutional democracy for the past 23 years. He said that the country is endowed with enormous mineral resources with beneficiation and manufacturing opportunities. He pointed out that Namibia’s 1500km coast itself presents value not only in fishing but also as a water resource and alternative energy source. The establishment of an SMME bank aims to boost the small business enterprise sector he said.

A detailed presentation on Namibia’s agricultural sector by Ms. Alexandria Angala, Chief Agricultural Economist for Namibia highlighted it as the main economic activity in the country on which 70% of the population is engaged. The development of a Fresh Produce Business Hub was central to this sector.

Mr Christian Faure of Namport, Namibia’s port authority, said the stabilisation of the politics in the region has spurred on the development of Walvis Bay. He pointed out that the focus on infrastructure and integration was key to Walvis Bay becoming the SADC gateway port.

Ms Bonavetura Hinda, Commercial Counsellor at the Namibian High Commission presented an overview of the country to potential investors. She said Institutions in the country are being restructured to be more effective and efficient. Her presentation informed on plans to boost cross-border investments and the potential for multi-sectorial growth with particular focus on energy and tourism and policy frameworks.

 


 
 
 
 
 
 
 
_________________________________________________

June 2017 Edition

 
 
_________________________________________________

Translater


 
 
 
 
 
 
 
 
 
 
 

Madagascar turns to SA for investment 15 June 2017 Malagasy President Henry Rajaonarimampianina has urged South African businesses to invest in Madagascar. President Rajaonarimampianina said his... <|> Welcome to South Africa 8 June 2017 President Jacob Zuma of South Africa received Letters of Credence from new Heads of Mission accredited to South Africa. Photo: Standing (l-r) Mr Eric Franck... <|> Good neighbours, France and South Africa On Monday 12 June 2017, the Ambassador of France to South Africa, H.E. Mr Christophe Farnaud, hosted a reception in honour of Brigadier General Franck... <|> Lack of education and mismatched skills Brussels, Belguim- 7th June 2017: The African Union Commission cautions that the future of Africa’s economic growth and the future of millions of Africans,... <|> Easing travel regulations between South Africa and Kenya 3 May 2016 South Africa and Kenya have announced measures that will make travelling between the two countries easier. South African Home... <|> BRICS ministers meeting Pretoria - Trade, climate change, reforms of the United Nations and terrorism were high on the agenda when the BRICS Ministers of Foreign Affairs met in Beijing on 19 June... <|> <|> The French Barbarians in Soweto 24 June 2017 June is rugby month in South Africa. While the Springboks and the XV de France met for three test matches (Pretoria 10 June, Durban 17 June and... <|> Inti Raymi – resurrection of the sun June 21 marks the Winter Solstice in the Southern Hemisphere. It is the day when the Sun begins to set a little later everyday as the days start to get... <|> Matariki – The Eyes of God When the constellation Pleiades, a star cluster, rises in the sky in May and June, the Maori nation of New Zealand celebrate the beginning of a New Year. H.E Mike... <|>
© copyright 2011-2017| The Diplomatic Society| All Rights Reserved.