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Home namibia

Namibia urges Commonwealth to seize investment opportunities

by reporter
June 18, 2025
in namibia
7
A A

Namibia has called on Commonwealth member states to explore investment opportunities across its key economic sectors, reaffirming the country’s commitment to strengthening regional and global trade partnerships.

Speaking at the opening of the Commonwealth Business Summit in Windhoek, Minister of International Relations and Cooperation, Selma Ashipala-Musavyi, said Namibia offers promising prospects in energy, infrastructure, mining, tourism, agriculture, digital innovation, and the blue economy.

“I am delighted that this Business Summit places SMEs, women entrepreneurs, digital trade, and climate-conscious supply chains at the centre of our dialogue, themes that resonate with Namibia’s own national priorities and reflect the kind of leadership that will define the next chapter of global inclusive and digitally integrated trade,” Ashipala-Musavyi said.

She encouraged delegates and business leaders to work closely with national institutions that are ready to facilitate trade and investment opportunities.

“Please engage with our institutions, such as the Namibia Investment Promotion and Development Board (NIPDB), the Namibia Chamber of Commerce and Industry (NCCI), and the Namibia Local Business Association (NALOBA), who are well positioned to facilitate investment and business collaborations,” she added.

The Minister also highlighted the progress being made on the African Continental Free Trade Area (AfCFTA) and stressed the importance of increasing intra-African trade and promoting industrialisation across the continent.

“I am pleased to note that the Secretary General of the AfCFTA Secretariat has made time to be part of the Commonwealth Business Summit and be able to provide the status of the African Continental Free Trade Area,” she said.

Ashipala-Musavyi’s remarks formed part of a broader push to deepen economic ties within the Commonwealth and support sustainable and inclusive development through increased cooperation.

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