Latest news with #NetumboNandiNdaitwah
News24
3 days ago
- Business
- News24
Namibia unveils new plan to grow by 7%
For more financial news, go to the News24 Business front page. Namibia unveiled an ambitious development plan targeting average economic growth of 7% over the next five years, as it seeks to restore its upper-middle-income status by the end of the decade. The arid southwest African nation was downgraded by the World Bank to lower-middle-income earlier this month after its gross national income per capita fell slightly below the $4 496 (R8 700) threshold to maintain the higher status, amid weaker economic activity and increased population growth. The economy grew 3.7% last year from 4.4% in 2023, due to a decline in mining activity. 'We take this to be a temporary setback,' President Netumbo Nandi-Ndaitwah said in the foreword to her government's latest national development plan published Monday. 'It is possible to increase the per capita income above $6 000 by 2030.' The plan seeks to increase Namibia's GDP per capita by prioritising green hydrogen, renewable energy, and value-added manufacturing to boost growth. It wants to almost double its renewable energy capacity to 700 megawatts by 2028 and create 30 000 green jobs by 2030. Green hydrogen, in particular, is expected to anchor new industrial development and support clean energy exports. The country is also targeting significant increases in its production of oil and gas by the end of the decade. Namibia, one of the world's top uranium producers, is positioning itself as a hub for green hydrogen and critical minerals. It also expects to begin the production of offshore oil and gas discoveries as early as 2029. It seeks to increase the share of manufacturing in its GDP to 18% from 15.6%. To finance its goals, the government will draw on domestic and international public and private finance, while channelling resource revenues — particularly from mining, oil, gas, and green hydrogen — into strategic investments.
Zawya
09-07-2025
- Politics
- Zawya
India: Prime Minister conferred with Namibia's highest civilian award
Prime Minister Shri Narendra Modi is paying a State Visit to Namibia. On the occasion, the President of Namibia, H.E. Netumbo Nandi-Ndaitwah conferred on Prime Minister the highest civilian award of Namibia - Order of the Most Ancient Welwitschia Mirabilis. He is the first Indian leader to be given this award. Accepting the award, Prime Minister dedicated the honor to the 1.4 billion people of India and to the historic and enduring ties between India and Namibia. Prime Minister expressed his heartfelt gratitude to President Nandi-Ndaitwah and the people of Namibia for the accolade. The conferment of the award on Prime Minister is a milestone in the bilateral ties between India and Namibia and stands as a font of inspiration for the younger generations in both countries to take this special bilateral partnership to greater heights. Distributed by APO Group on behalf of Ministry of External Affairs - Government of India.
Zawya
09-07-2025
- Politics
- Zawya
India: Prime Minister meets with the President of Namibia
On the occasion of his State Visit to Namibia, Prime Minister Shri Narendra Modi met today with the President of Namibia, H.E. Dr. Netumbo Nandi-Ndaitwah at the State House in Windhoek. On arrival at the State House, Prime Minister was warmly welcomed by President Nandi-Ndaitwah and accorded a ceremonial reception. This visit from India to Namibia at the level of Prime Minister took place after 27 years. This was also the first bilateral State Visit that President Nandi-Ndaitwah hosted after taking over office in March this year. Prime Minister congratulated President Nandi-Ndaitwah on being elected the Head of State of Namibia. The two leaders recalled the proud history that underpins bilateral ties. Prime Minister conveyed condolences on the passing away this year of the Founding Father of Namibia, Dr. Sam Nujoma. The two leaders held discussions on further strengthening bilateral ties, including in the areas of defence, maritime security, digital technology&UPI, agriculture, health and pharma, energy and critical minerals. Expressing satisfaction with the growth in bilateral trade, the leaders noted that full potential on this account was still to be tapped. In this regard, they called for discussions on India-SACU PTA to be expedited. Prime Minister noted that India would be scaling up development cooperation efforts through capacity building programs for Namibian experts and exploring partnerships in setting up manufacturing facilities in Namibia. Prime Minister offered India's support for Quick Impact development projects in the areas of agriculture, Information Technology, cyber security, healthcare, education, women empowerment and child welfare. Prime Minister shared the experience of India in using drones for agricultural purposes, a project which could bring value to Namibia. Prime Minister thanked President Nandi-Ndaitwah for Namibia's support in the Cheetah conservation project in India. He also invited Namibia to join the International Big Cat Alliance. The two leaders discussed global issues of mutual interests. Prime Minister thanked Namibia for its strong support and solidarity extended to the people of India in the wake of the Pahalgam terror attack. They agreed to strengthen the global fight against terrorism. They also committed to work together to amplify the voice of the Global South. Following the talks, the two leaders witnessed the exchange of two MoUs in the fields of health and entrepreneurship. In addition, it was announced that Namibia has joined the Coalition for Disaster Resilient Infrastructure and Global Biofuels Alliance, and it is the first country to enter into a licensing agreement to adopt UPI technology. President Nandi-Ndaitwah hosted a banquet in honour of Prime Minister. Prime Minister invited her to visit India at a mutually convenient time. Distributed by APO Group on behalf of Ministry of External Affairs - Government of India.
Times of Oman
09-07-2025
- Politics
- Times of Oman
Indian PM Modi conferred with Namibia's highest civilian award
Windhoek: Indian Prime Minister Narendra Modi was conferred with the highest civilian award of Namibia on Wednesday. President of Namibia, Dr Netumbo Nandi-Ndaitwah, presented the award to him. The Order of the Most Ancient Welwitschia Mirabilis is the highest civilian award of Namibia. The award was established in 1995, shortly after Namibia gained independence in 1990, to recognise distinguished service and leadership. Named after the Welwitschia Mirabilis, a unique and ancient desert plant endemic to Namibia, the order symbolises resilience, longevity and the enduring spirit of the Namibian people. This makes it the 27th award for PM Modi and the 4th award in this ongoing tour. Earlier, Prime Minister Narendra Modi received a warm ceremonial welcome in Namibia, the fifth country on his five-state visit. He received the ceremonial welcome at the State House in Namibia. The Indian national anthem was played during the event. Later, Prime Minister Modi laid a wreath at the National War Memorial, 'Heroes' Acre', which features a white obelisk rising against the Auas Mountains, with 174 burial plots for national heroes. PM Modi and the President of Namibia, Dr Netumbo Nandi-Ndaitwah, also reviewed the full range of India-Namibia relations during the talks, which took place on Wednesday. Sharing the details in a post on X, PM Modi said that discussions between India and Namibia were held on cooperation in areas such as digital technology, defence, security, agriculture, healthcare, education and critical minerals. PM Modi underscored that discussions also saw how to boost linkages in trade, energy and petrochemicals. He expressed gratitude for the assistance from Namibia in Project Cheetah. Prime Minister Narendra Modi was warmly received by President Netumbo Nandi-Ndaitwah at the State House in Windhoek, Namibia, where the two leaders shook hands. Earlier today, PM Modi arrived at the Hosea Kutako International Airport and was met with a warm reception, as he was greeted by the Namibian Minister of International Relations and Trade, Selma Ashipala-Musavyi. PM Modi also warmly greeted members of the diaspora, shaking hands, listening to their enthusiastic messages, and graciously accepting gifts and portraits presented by the community. In a post on X, the Prime Minister expressed his pride in the diaspora and how they have retained the connection with their culture and traditions. "The Indian community in Namibia is extremely optimistic about closer India-Namibia friendship, and this is reflected in the special welcome in Windhoek. I am extremely proud of our diaspora, particularly how they have retained a connection with their culture and traditions," PM Modi stated. India and Namibia share a historic relationship rooted in India's steadfast support for Namibia's struggle for independence. India was among the earliest advocates for Namibian freedom, raising the issue at the United Nations as early as 1946 and hosting the first overseas office of the South West Africa People's Organisation (SWAPO) in 1986. Namibia is gaining renewed international attention due to its abundant reserves of uranium, copper, cobalt, rare earth minerals, and recent oil discoveries. The country is a significant player in the global mining industry, ranking as the world's fourth-largest producer of uranium oxide and also producing high-quality diamonds and zinc. Bilateral trade between India and Namibia reached USD 814 million in 2023-24, with Indian exports accounting for more than half of this total. Indian investments in Namibia are estimated at nearly $800 million, primarily in the mining sector, including zinc and diamonds. A notable example of the trust between the two nations is the successful translocation of eight cheetahs from Namibia to India's Kuno National Park in 2022, marking the world's first intercontinental transfer of a major carnivore species. The countries are exploring opportunities to expand cooperation in mining, energy, health, agriculture and infrastructure. Negotiations for a Preferential Trade Arrangement between India and the Southern African Customs Union (SACU), with Namibia as coordinator, are ongoing. PM Modi arrived in Namibia after concluding his two-day State visit to Brazil, where he attended the 17th BRICS Summit in Rio de Janeiro and held bilateral talks with President Luiz Inacio Lula da Silva in Brasilia.
Times of Oman
09-07-2025
- Politics
- Times of Oman
Indian PM Modi arrives in Namibia for first-ever visit, to hold bilateral talks with President Nandi-Ndaitwah
Windhoek [Namibia]: Indian Prime Minister Narendra Modi arrived in Windhoek, the capital of Namibia, on Wednesday morning, marking his first-ever visit to the country and only the third-ever Prime Ministerial visit from India to Namibia. PM Modi is in Namibia for a State visit at the invitation of Namibian President Netumbo Nandi-Ndaitwah. Upon his arrival, the Prime Minister was accorded a ceremonial welcome at Hosea Kutako International Airport. In a statement, the Ministry of External Affairs (MEA) said, "In the final leg of his visit, at the invitation of the President of the Republic of Namibia, H.E. Dr. Netumbo Nandi-Ndaitwah, the Prime Minister will embark on a State Visit to Namibia on July 09, 2025. This will be the first visit of the Prime Minister to Namibia and the third-ever Prime Ministerial visit from India to Namibia." "During the visit, the Prime Minister will hold bilateral talks with President Nandi-Ndaitwah. The Prime Minister will also pay homage to the Founding Father and first President of Namibia, the Late Dr. Sam Nujoma. He is also expected to deliver an address at the Parliament of Namibia," the MEA said. "The visit of the Prime Minister is a reiteration of India's multi-faceted and deep-rooted historical ties with Namibia," it added. PM Modi arrived in Namibia after concluding his two-day State visit to Brazil, where he attended the 17th BRICS Summit in Rio de Janeiro and held bilateral talks with President Luiz Inacio Lula da Silva in Brasilia. PM Modi was on a State Visit to Brazil at the invitation of Brazilian President Luiz Inacio Lula da Silva. During his visit to Brazil, PM Modi held a meeting with President Lula and attended the BRICS Summit in Rio de Janeiro, where he also held bilateral meetings with several world leaders on the sidelines of the Summit. PM Modi thanked President Lula and the people of Brazil for their kindness throughout the visit. In a post on X, PM Modi stated, "I thank my good friend, President Lula, the Government and wonderful people of Brazil for their kindness through this visit. Over the last few days, I have attended the BRICS Summit in Rio de Janeiro and held bilateral talks with President Lula in Brasilia." PM Modi was also conferred Brazil's highest civilian honour, 'The Grand Collar of the National Order of the Southern Cross', by President Lula.
