Namibia Seeks Jobs, Investment From Russia Ties
Namibian President Netumbo Nandi-Ndaitwah is attending the Russia-Africa Summit to seek economic partnerships in mining, energy, and technology. The goal is to transition from a political relationship to tangible economic benefits, including local mineral processing and job creation.
Why it matters
This reflects the ongoing efforts of African nations to leverage geopolitical summits for domestic industrialization and economic diversification.
Moscow - President Netumbo Nandi-Ndaitwah will seek investment, job creation and technology transfer when she attends the Russia-Africa Summit in Moscow this week, as Namibia looks to turn its longstanding political relationship with Russia into tangible economic benefits.
The summit, scheduled for 28 and 29 October, comes as the two countries work to expand cooperation in mining, energy, agriculture, education and technology.
The Presidency said Namibia would seek practical partnerships with Russia to create jobs, industrialise, transfer technology and diversify the economy.
It would also promote mineral beneficiation, processing minerals locally rather than exporting them mainly as raw materials. Cooperation should support national priorities and benefit local businesses and workers.
"The Summit provides a high-level platform for strengthening relations between Russia and African countries, promoting mutually beneficial partnerships and addressing shared challenges," the statement said.
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