Conference yields billions in investments

The just-ended Invest in Namibia Conference has netted the country investments worth billions of dollars, one of which is worth an estimated US$250 million (nearly N$3,4 billion at the current exchange rate).

In total the conference spawned 11 investment commitments that include two signed investment agreements and one joint venture agreement.

Others are commitments for further in-depth discussions and negotiations between private investors and Namibian institutional and individual investors.