Namibia and South Africa intention to strengthen cooperation in oil, fuel, and inexperienced hydrogen
Staff Reporter
PRESIDENT Nangolo Mbumba and South African President Cyril Ramaphosa have dedicated to enhancing cooperation in new areas, together with oil, fuel, and inexperienced hydrogen.
This was revealed by the Namibian Presidency following President Mbumba’s latest working go to to Cape Town, South Africa. President Mbumba departed on Tuesday, 29 October, and returned on Wednesday, 30 October 2024.
The Namibian Presidency additionally highlighted that, alongside discussions on the oil and fuel sectors, the 2 presidents exchanged views on business ties between Namibia and South Africa.
“Namibia is an investor in the South African economy, and South African businesses operate across many sectors in the Namibian economy,” the Presidency added.
The Namibian Presidency famous that in addition they mentioned the general political and safety state of affairs within the Southern African Development Community (SADC) area. They added that the latest go to builds on the success of the third Bi-national Commission, which was co-chaired by the late President Hage G. Geingob and President Cyril Ramaphosa in October 2023, with the intention of strengthening the shared agenda of peace, safety, and improvement within the area.
The Presidency added that the 2 leaders mentioned South Africa’s participation within the not too long ago concluded BRICS Summit.
“President Mbumba informed that as neighbours with strong commercial ties, Namibia stands to benefit from BRICS, where South Africa is a leading member,” the Namibian Presidency added.
According to the Presidency, President Ramaphosa additionally congratulated President Mbumba on efficiently co-facilitating the Summit of the Future and the adoption of the Pact for the Future.
“President Mbumba also briefed President Ramaphosa on Namibia’s participation in the Hamburg Sustainability Conference and visit to the Federal Republic of Germany,” the Presidency added.