Bank of Namibia recommends measures for first oil production
The Bank of Namibia has called for immediate gazetting of the Petroleum Amendment Bill and Sovereign Wealth Fund Bill, plus binding Local Content legislation, targeted public-sector capacity-building, and a coordinated communication strategy to strengthen the country's preparedness as a first-time oil producer. The oil and gas sector has attracted about N$74.4 billion in Foreign Direct Investment between 2021 and 2025, representing 56% of total FDI inflows during that period.
30 September 2026 · Windhoek Observer →