Aug 28

Chinese President vows to boost investment in Namibia

During a meeting at the 15th BRICS Summit, Chinese President Xi Jinping expressed his intention to encourage Chinese companies to invest in Namibia, aiming to enhance cooperation in diverse fields, including clean energy. The Chinese Ministry of Commerce has reported a remarkable 457% growth in Namibia’s engagement with the Belt and Road Initiative from January to March 2023, indicating increased collaboration between the two nations.