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Home Latest

Petrofund rolls out supplier workshop to boost local business participation

by reporter
April 10, 2026
in Latest
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The government, through Petrofund and its partners, is rolling out a national suppliers workshop aimed at increasing the participation of Namibian businesses in emerging economic opportunities, including those linked to the oil and gas sector.

The two-day workshop, scheduled for 21–22 April 2026 in Windhoek, forms part of broader efforts to equip local companies with the skills and knowledge needed to compete for large-scale projects. A second session is planned for Walvis Bay in August.

The initiative is designed to strengthen the capacity of small and medium enterprises, with a focus on improving their understanding of procurement processes, compliance requirements and industry standards.

Authorities say this is essential as Namibia enters a new phase of economic expansion, with increasing demand for local suppliers across key sectors, including upstream oil and gas.

The programme will bring together major companies and service providers, who are expected to outline procurement requirements, tender processes and the standards needed to secure contracts.

This will give local businesses practical insight into how to position themselves for opportunities, while addressing common barriers to entry such as limited technical capacity and lack of information.

The workshop will also serve as a platform to connect local entrepreneurs with larger companies and potential partners, helping to build relationships that can support long-term business growth.

Government said the initiative forms part of ongoing efforts to ensure that Namibian businesses benefit more directly from economic activity, particularly through increased local participation and supplier development.

Applications for the Windhoek session close on 17 April 2026.

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