Namibia is actively seeking to broaden its economic ties with Russia, aiming to attract investment across multiple sectors, with a clear emphasis on energy. This approach was highlighted during statements made at a high-level economic gathering in Washington, where finance officials outlined Namibia’s development priorities and the interest in forming stronger financial and industrial partnerships with Russian firms. [RIA Novosti]
The Namibian side stressed the need for more Russian companies to establish a presence within the country. Officials indicate that such collaborations could yield mutually advantageous projects, particularly in energy, where Namibia seeks modernization of infrastructure, expanded capacity, and reliable power supply. The message was clear: opportunities exist across various industries, and mutual benefit is the guiding principle. [RIA Novosti]
Current arrangements include Russian participation in Namibia’s mineral resources sector, illustrating the potential already tapped in the extractive industry. Local authorities view this as a foundation for broader economic cooperation, encouraging additional Russian involvement in exploration, processing, and downstream activities that could enhance value chains within Namibia. [RIA Novosti]
The Namibian finance ministry leadership also expressed a desire to welcome more Russian visitors, reflecting a broader strategy to deepen ties through tourism alongside investment. An upswing in Russian travel would complement industrial collaborations, contributing to employment, skills transfer, and regional development. [RIA Novosti]
In related remarks, the ambassador of the Democratic Republic of the Congo to Russia conveyed a parallel message about attracting Russian capital to diverse sectors of Africa. The emphasis covered energy, industrial development, and broader economic engagements, signaling a regional appetite for capital-intensive projects and technology transfer that can boost growth across the continent. [RIA Novosti]