Namibia Investment Promotion and Development Board

Category: General News

Namibia Gearing Up for the 7th Nigeria International Energy Summit

Namibia is gearing up to make its mark at the upcoming 7th Nigeria International Energy Summit (NIES) in Abuja, Nigeria from 26 February to 1 March 2024. Led by the Minister of Mines and Energy, Honourable Tom Alweendo and supported by the Namibia Investment Promotion and Development Board (NIPDB), a business delegation with interests in participating in the upstream oil and gas services sector will be representing Namibia’s interests at this esteemed event.

The NIES has established itself as a prominent platform for African nations to engage with the global energy community, leveraging on the successes of previous editions to foster collaboration, knowledge exchange and investment opportunities. Namibia’s participation underscores its commitment to learning from Nigeria’s journey in energy development, particularly in unlocking local content creation and driving socio-economic growth.

A highlight of the summit will be the National Oil Companies (NOCs) Forum, which will bring together CEOs and key stakeholders from various African NOCs. Under the sub-theme “Sustainable Strategies for Energy Leadership: Navigating Security, Transition, and Finance in a Changing World,” this session is poised to shape the future of the energy sector across the continent.

On the sidelines of the summit, the NIPDB will host two key events:
NIES-Namibia B2B Forum 2024
Date: Wednesday, 28 February 2024
Time: 14:00 – 19:00
Venue: Abuja (Location to be confirmed)

The Business-to-Business (B2B) networking event aims to foster collaborations between Nigerian and Namibian businesses. By providing a platform for networking, knowledge sharing and partnership building, the forum seeks to promote market access, investment opportunities and technological advancements between the two countries.

Discussions will also focus on Namibia’s energy ambitions and investment opportunities in exploration. Through interactive sessions, participants will gain valuable insights into potential partnerships and avenues for growth.

Invest in Namibia Forum
Date: Thursday, 29 February 2024
Time: 09:30 – 13:00 pm
Venue: Abuja (Location to be confirmed)

This session will showcase Namibia as a premier investment destination across various economic sectors. Through presentations, panel discussions, and interactive sessions, the forum will highlight key sectors of interest and facilitate connections between potential investors and Namibian entities.

For inquiries and attendance, please contact:
Mr. Hafeni Motsi
Senior Energy Investment Analysis
+264 (0) 81 144 1476

Mrs. Theresa Sipiho
Investment & Export Promotion Attaché (Sub-Sahara Africa)

NIPDB message of condolences following the untimely passing of H.E. President Dr Hage Gottfried Geingob

NIPDB message of condolences following the untimely passing of H.E. President Dr Hage Gottfried Geingob

On Sunday, 04 February 2024, the Namibian nation woke up to the painful news of the untimely death of His Excellency President Hage Gottfried Geingob, who passed away in a local hospital in Windhoek, surrounded by his wife and children.

The Namibia Investment Promotion and Development Board (NIPDB) hereby extends our most sincere condolences to President Geingob’s family and the rest of the Namibian nation.

President Geingob was a respected leader among his peers and the chief architect of Namibia’s constitution, which has remained the governing instrument and cornerstone of our democracy and political stability for over 30 years. In this difficult moment, we pay tribute to a visionary leader who embodied a palpable commitment to nation building, who led with humility and an enduring passion for the wellbeing of his people.

His Excellency Dr. Hage Geingob valued efficiency and stability. He has often emphasised that Namibia “is not a one-man show” and his legacy is rooted in his belief and ethos that Namibia is a country that is efficiently run through systems, processes and institutions. As we navigate this difficult time of transition, we assure our partners and stakeholders across the world of our commitment to upholding the legacy of President Hage Geingob and his commitment to the rule of law, transparency and accountability through efficient Government mechanisms.

Furthermore, we are honoured to serve H.E. President Dr. Nangolo Mbumba, who embodies the same principles and dedication as President Geingob, to advance Namibia as a viable investment destination. Namibia remains open for business, and the NIPDB’s mandate to promote and facilitate sustainable investments into the country, remains our enduring commitment and a fitting tribute to honour the legacy of our late president.

In this regard, we would like to assure all our stakeholders that the NIPDB’s operations will continue, with due sensitivity and respect to the current state of affairs in the country. In the coming days, we anticipate the government to make formal announcements pertaining to the national protocols to be observed during the period of mourning leading up to President Geingob’s funeral.

While we endeavour to maintain our usual level of service during this time, we request your patience in the event that disruptions are experienced, and we thank you in advance for your understanding.

Should you have any questions or concerns, please do not hesitate to contact:

Margareth Gustavo
Executive Director: Strategy & Branding
Phone: +264 (0) 83 333 8630
Mobile: +264 (0) 81 125 4359

François van Schalkwyk
Executive Director: Investment & New Ventures
Phone: +264 (0) 83 333 8620
Mobile: +264 (0) 81 142 6216

Catherine Shipushu
Senior Manager: Communications, Marketing, Branding
Phone: +264 (0) 83 333 8636
Mobile: +264 (0) 81 1279069

Issued by:
Nangula Uaandja
Chairperson and Chief Executive Officer

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