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Namibia expands foreign investment with China, Botswana, SA

Updated 3 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-10 19:02 UTC → 2026-08-23 15:22 UTC · added removed

Building on the July 2026 agreements signed after President Netumbo Nandi-Ndaitwah’s meeting with President Xi Jinping, Namibia has broadened its partnership network. A state visit to China resulted in eight new bilateral accords covering education, agriculture, trade, health and investment, including scholarships for Namibian students, zero-tariff treatment for key exports such as table grapes, and cooperation on technical training and pharmaceutical production. In Pretoria, President Cyril Ramaphosa Namibia has become a focal point in strategic competition between China and President Nandi-Ndaitwah concluded the fourth South Africa-Namibia Bi-National Commission, reaffirming strategic cooperation in natural resources, mining, petroleum, trade European Union over critical minerals like uranium, lithium, and investment. The joint communiqué stresses deeper rare earths. China maintains a significant economic integration, private-sector partnerships and regional collaboration within SADC and the African Union. These steps complement presence, with uranium accounting for 85% of Namibia’s earlier outreach exports to Botswana, which has pursued joint prospects the country in agriculture, renewable energy, mining and tourism. 2024. Namibia is also leveraging its critical mineral wealth—including uranium, lithium, and rare earths—to this to negotiate for local processing and technology transfer. This has positioned the country at the center of strategic competition between China and the European Union, with Meanwhile, the EU is utilizing its Global Gateway strategy to mobilize significant strategy, mobilizing over $1.5 billion in loans and grants grants, with aims to leverage more than $23 billion in private investment over the medium term. Domestically, President Nandi-Ndaitwah is promoting regional integration through the African Continental Free Trade Area (AfCFTA), urging entrepreneurs to connect local businesses to international markets. To further drive development and employment, the government has announced it is prepared to issue five-year visas to serious investors. The President has also called for in-country projects. Additionally, increased skill transfers and the inclusion of local product sections in retail spaces to support domestic industries. These steps complement Namibia’s earlier outreach to Botswana and its strategic cooperation with South Africa, while the petroleum sector continues to expand youth employment through PETROFUND’s training and internship programmes, which have invested over N$250 million to build a skilled workforce for the country’s oil and gas future. programmes.

Versions

  1. 2026-08-23 15:22 UTC Namibia expands foreign investment with China, Botswana, SA
  2. 2026-08-10 19:02 UTC Namibia expands foreign investment with China, Botswana, SA
  3. 2026-07-30 14:33 UTC Namibia expands foreign investment with China, Botswana, SA
  4. 2026-07-29 08:28 UTC Namibia expands foreign investment with China, Botswana

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