{"id":41910,"date":"2023-03-28T12:44:04","date_gmt":"2023-03-28T12:44:04","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah"},"modified":"2023-03-28T13:26:13","modified_gmt":"2023-03-28T13:26:13","slug":"n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","title":{"rendered":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years.<\/p>\n

This was announced by minister of international relations and cooperation Netumbo Nandi-Ndaitwah last week while motivating her ministry’s N$932,8-million budget for the next financial year.<\/p>\n

The next financial year starts on 1 April and runs until 31 March 2024. Nandi-Ndaitwah said this amount was attracted as a result of the ministry’s promotion of economic diplomacy and mutually beneficial bilateral relations. \u201cThis explains why the year 2022 recorded the biggest FDI of US$735 million since 2015, and FDI reinvestment of US$128 million \u2013 the highest since 2018. \u201cThough we know much of this may be due to mineral exploration, it may have a long-term impact on the growth of the economy,\u201d she said. Meanwhile, the country has spent N$53,4 million (U$2,9 million) on the Southern African Development Community (SADC) mission in Mozambique (Samim). The insurgency by Isis-linked militants in Mozambique has killed about 4 000 civilians and displaced nearly one million people, a United Nations agency has stated.<\/p>\n

\u201cNamibia has military, police and civilian personnel assisting the head of Samim as our contribution to maintaining peace and security within our region. \u201cWe have also made a financial contribution of about U$2,9 million towards Samim since July 2021,\u201d the minister said.<\/p>\n

MEMBERSHIP FEES<\/p>\n

Furthermore, Namibia is a member of 82 international and regional organisations requiring membership fees.<\/p>\n

The country pays over N$200 million annually in fees to international organisations.<\/p>\n

The ministry has allocated N$99,9 million to membership fees.<\/p>\n

\u201cThe ministry continues to encourage Namibians to seek employment at these international organisations to gain the necessary experience that will eventually assist in the development of our country,\u201d Nandi-Ndaitwah said.<\/p>\n

Some 25 Namibians are currently employed by international organisations, of which 15 are at SADC. Moveover, Nandi-Ndaitwah emphasised the importance of Namibia’s relationship with the Middle East. \u201c[It] is also very important economically, and we are looking forward to an increased engagement with that region. \u201cThe region presents a unique opportunity for Namibia as an export destination for Namibian beef, lamb and charcoal,\u201d she said.<\/p>\n

The minister said with Namibia’s discovery of oil, the country can expect to tap into the experience and expertise of countries in the Middle East.<\/p>\n

GENOCIDE<\/p>\n

Nandi-Ndaitwah said genocide reparation negotiations are at an advanced stage and are nearing conclusion.<\/p>\n

Last year, Germany officially recognised and apologised for the Herero-Nama genocide and agreed to pay Namibia \u20ac1,1 billion (N$18,6 billion) in development aid. The German government considers the money as a gesture of reconciliation, but not of legally binding reparations.<\/p>\n

Vice president Nangolo Mbumba in June last year announced that the Namibian government has accepted Germany’s reparations offer.<\/p>\n

Nandi-Ndaitwah also announced that Namibia would lead an observation mission to the elections in Zimbabwe, expected to be held between July and August. \u201c. . . as well as participate in observation missions to the elections in Eswatini, Madagascar, and the Democratic Republic of Congo,\u201d she said.<\/p>\n

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

Africa-Press – Namibia. NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This was announced by minister of international relations and cooperation Netumbo Nandi-Ndaitwah last week while motivating her ministry’s N$932,8-million budget for the next financial year. The next financial year starts on 1 April and runs […]<\/p>\n","protected":false},"author":84,"featured_media":41908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[234,236,233],"class_list":["post-41910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nN$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah - Namibia<\/title>\n<meta name=\"description\" content=\"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...\" \/>\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\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah\" \/>\n<meta property=\"og:description\" content=\"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\" \/>\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=\"2023-03-28T12:44:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-28T13:26:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"499\" \/>\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=\"2 minutes\" \/>\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\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah\",\"datePublished\":\"2023-03-28T12:44:04+00:00\",\"dateModified\":\"2023-03-28T13:26:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\"},\"wordCount\":504,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\",\"name\":\"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah - Namibia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg\",\"datePublished\":\"2023-03-28T12:44:04+00:00\",\"dateModified\":\"2023-03-28T13:26:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg\",\"width\":750,\"height\":499,\"caption\":\"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/namibia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/\",\"name\":\"Namibia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah - Namibia","description":"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","og_locale":"en_US","og_type":"article","og_title":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah","og_description":"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...","og_url":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","og_site_name":"Namibia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-03-28T12:44:04+00:00","article_modified_time":"2023-03-28T13:26:13+00:00","og_image":[{"width":750,"height":499,"url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah","datePublished":"2023-03-28T12:44:04+00:00","dateModified":"2023-03-28T13:26:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah"},"wordCount":504,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg","keywords":["africa press","Africa Press-Namibia","namibia"],"articleSection":["all news","economy","head lines"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","url":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah","name":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah - Namibia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/namibia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg","datePublished":"2023-03-28T12:44:04+00:00","dateModified":"2023-03-28T13:26:13+00:00","author":{"@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"NAMIBIA has secured foreign direct investment (FDI) worth N$13,5 billion (US$735 million) in the last seven years. This ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#primaryimage","url":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg","contentUrl":"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/03\/postQueueImg_1679991250.19.jpg","width":750,"height":499,"caption":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/namibia\/all-news\/n135-billion-in-foreign-investments-in-last-seven-years-nandi-ndaitwah#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/namibia\/"},{"@type":"ListItem","position":2,"name":"N$13,5 billion in foreign investments in last seven years \u2013 Nandi-Ndaitwah"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/namibia\/#website","url":"https:\/\/www.africa-press.net\/namibia\/","name":"Namibia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/namibia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/41910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/comments?post=41910"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/posts\/41910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media\/41908"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/media?parent=41910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/categories?post=41910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/namibia\/wp-json\/wp\/v2\/tags?post=41910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}