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UAE targets mining, oil and green energy investments in Namibia
The United Arab Emirates is seeking to expand its investment footprint in Namibia beyond agriculture, with increased focus on mining, oil and gas, and renewable energy, UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi said.
Speaking at a business forum in Windhoek on Wednesday, Al Zeyoudi said Emirati investments in Namibia currently exceed half a billion dirham, approximately N$2.7 billion, largely concentrated in agriculture, but that the UAE is now looking to broaden its engagement across strategic sectors of the economy.
He said the UAE delegation included representatives from energy and mining companies ready to engage with Namibia, bringing advanced technologies, training and expertise to support sector development and strengthen bilateral partnerships.