Geingob shines spotlight on Namibia’s global relevance

business journalist

PRESIDENT Hage Geingob, during his long working visit to Europe, held various bilateral meetings with world leaders, once again highlighting the importance and relevance of Namibia on the global stage, providing opportunities for investment world class in a safe country with strong governance.

The President also attended the 6th European Union-African Union Summit held in Brussels.

On the sidelines of the summit, with a strong focus on development cooperation, Geingob held bilateral meetings with the President of the European Union Commission, Ursula von der Leyen, the Prime Minister of Malta, Robert Abela, and the Prime Dutch Minister Marc Rutte.

President Geingob was also received at the port of Antwerp by the Belgian Prime Minister, Alexander De Croo.

SUMMIT: President Hage Geingob arrives at the AU-EU summit in Brussels. Video: Namibian Presidency

The port of Antwerp is the second largest seaport after Rotterdam. The visit to the port of Antwerp is part of the Logistics Hub Strategy and the Green Hydrogen Strategy of the Government of the Republic of Namibia.

In addition to a presentation on the Port of Antwerp’s strategy to develop a green hydrogen economy as part of the energy transition, President Geingob and Prime Minister De Croo were guided through investments in green hydrogen of the Belgian company CMB.Tech, which is making an initial investment of more than 300 million Namibian dollars in the Erongo region to develop green hydrogen resources, alongside local Namibian partners.

As diamonds represent an important pillar of the relations between Namibia and Belgium, during the last working meeting, President Geingob visited the World Diamond Center in Antwerp.

The city of Antwerp, with a diamond industry established in the 15th century, today accounts for over 80% of the world’s rough diamonds, generating an annual turnover of over €30 billion.

Rough diamonds rank second among goods imported from Namibia to Belgium, valued at over USD 106 million in 2020, with polished diamonds accounting for USD 5.4 million.

In his message to diamond investors, President Geingob said he was proud to learn of the level of prestige enjoyed by Namibian diamonds in Antwerp, a world-class diamond centre.

As part of the official visit to Belgium, Geingob also paid a courtesy visit to King Philippe at the Royal Palace.

During the meeting, the two leaders recalled the long-standing friendship that exists between Namibia and Belgium, especially when SWAPO in 1972 held its first meeting in Western Europe in Brussels.

President Geingob welcomed the growing partnership with Belgium, with significant investments by Belgian companies in the leisure and energy sectors.

Following the meeting with the King of Belgium, President Geingob had a meeting on the same day with the President of the European Council, Charles Michel.

The two leaders stressed the importance of a deeper and more equal partnership between Africa and Europe, which respects the specific needs of the two continents.

President Geingob stressed the need for peace and stability as a prerequisite for development.

President Geingob reminded investors that the Namibian government firmly believes in a win-win partnership in industry, with a strong focus on enrichment and job creation.

President Geingob further informed investors that Namibia is a peaceful country with a strong governance architecture based on the constitution and the rule of law.

Therefore, investments are safe and guaranteed by a world-class legal framework.

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