Petrofund workshop prepares Namibian MSMEs for oil sector participation
Petrofund, Namibia's Petroleum Training and Education Fund, has commenced a two-day workshop to help Micro, Small, and Medium Enterprises understand opportunities and global standards required by International Oil Companies in the oil and gas sector. Minister Modestus Amutse emphasised that the initiative aligns with the government's strategy to increase MSME contribution to the national economy from 16% and noted that local capacity development is critical as Namibia approaches its first Final Investment Decision.
As Namibia moves toward its first oil production, MSMEs risk being left out of the sector's economic opportunities unless they understand the technical standards and procurement requirements that international oil companies demand. The workshop signals a critical window for local businesses to build the certifications and partnerships needed to compete for contracts and jobs in Africa's emerging oil sector.
22 April 2026 · Informanté →