US ambassador promotes investment in Namibia’s energy and mining
By the AFREEQUE newsroom, based on The Namibian
US ambassador to Namibia John Giordano is promoting the country’s investment opportunities in energy, mining, infrastructure and technology to American companies. His efforts in several cities aim to strengthen commercial ties, but no investment amount or specific agreement has been announced, according to The Namibian.
US ambassador to Namibia John Giordano has held meetings in several cities to promote US investment in Namibia’s energy, mining and infrastructure sectors. He met government officials, business leaders and investors in Washington, New York, Philadelphia, Singapore, Johannesburg and Cape Town, according to a statement by the ambassador reported by The Namibian.
At African Energy Week in Cape Town, Giordano said US companies, technology and capital could help Namibia move from oil discoveries to production. In New York, he took part in a US-Namibia roundtable on investment, infrastructure and trade with Namibian President Netumbo Nandi-Ndaitwah and business leaders.
In Washington, the ambassador also presented Namibia’s potential for critical minerals supply chains. He advocated cooperation between US technology companies, Asian investors and resource-rich African economies, with a focus on energy, minerals, technology and industrial development.
The effort comes as oil discoveries are already prompting plans for development in the country. BP notably acquired a 60% stake in three Namibian oil blocks for US$2.7 million on 2 October, and TotalEnergies’ oil project is described as potentially transforming Namibia’s economy.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
