{"id":14668,"date":"2022-03-12T15:19:05","date_gmt":"2022-03-12T15:19:05","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation"},"modified":"2022-03-12T16:56:59","modified_gmt":"2022-03-12T16:56:59","slug":"enormous-investment-opportunities-linked-to-job-creation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation","title":{"rendered":"Enormous investment opportunities linked to job-creation"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Expectations of decreasing Namibia\u2019s unemployment rate are partly dependent on investment opportunities worth about N$88 billion, which have the potential to create 122 000 jobs, according to an official from Namibia\u2019s Investment Promotion and Development Board, Nangula Uaandja.<\/p>\n

Uaandja told Namibian president Hage Geingob during a visit to state house that recent oil discoveries and developments that roped in green hydrogen had seen an influx of investment opportunities, while NIPD had a significant pipeline saturate with active investments.<\/p>\n

Relating to the recent preferred bidder for Namibia\u2019s green hydrogen project Hyphen Energy, Uaandja added that promoting Namibia had become an easy task, adding that the amount of active investments earmarked to create the 122,000 jobs, were \u201cexclusive of the big investment of Hyphen Energy.<\/p>\n

Renewable energy looks set to boost Namibia\u2019s investment portfolio and help the country in rebuilding the economy and shaving off percentage points on unemployment.<\/p>\n

Namibia\u2019s unemployment rate reached a level of 36.8 percent in 2021, Namibian Tax Specialist Cameron Kotze said Thursday, adding that Namibia\u2019s local economy had steadily declined since 205, when it had grown by 4.3 per cent.<\/p>\n

\u201cThe decline in economic growth bottomed out in 2020 when it contracted by 8.5 percent. At the same time, unemployment has reached an alarmingly high level of 36.8 percent in 2021. It is expected that the unemployment rate will stabilise in the mid-30 range over the next few years,\u201d said Kotze.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Expectations of decreasing Namibia\u2019s unemployment rate are partly dependent on investment opportunities worth about N$88 billion, which have the potential to create 122 000 jobs, according to an official from Namibia\u2019s Investment Promotion and Development Board, Nangula Uaandja. Uaandja told Namibian president Hage Geingob during a visit to state house that recent […]<\/p>\n","protected":false},"author":84,"featured_media":14667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-14668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nEnormous investment opportunities linked to job-creation - Namibia<\/title>\n<meta name=\"description\" content=\"Expectations of decreasing Namibia\u2019s unemployment rate are partly dependent on investment opportunities worth about N$88 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enormous investment opportunities linked to job-creation\" \/>\n<meta property=\"og:description\" content=\"Expectations of decreasing Namibia\u2019s unemployment rate are partly dependent on investment opportunities worth about N$88 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-12T15:19:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-12T16:56:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-622cd0c2bbb6a.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Enormous investment opportunities linked to job-creation\",\"datePublished\":\"2022-03-12T15:19:05+00:00\",\"dateModified\":\"2022-03-12T16:56:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\"},\"wordCount\":247,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/03\/img-622cd0c2bbb6a.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/enormous-investment-opportunities-linked-to-job-creation\",\"name\":\"Enormous investment opportunities linked to job-creation - 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