Staff Reporter
THE United States is looking to expand investment in Namibia’s offshore oil and gas, critical minerals, and infrastructure sectors as part of a strategic shift towards deeper economic cooperation between the two countries.
This follows a meeting between U.S. Ambassador Randy Berry Giordano and Namibia’s Minister of Industries, Mines and Energy, Modestus Amutse, where discussions centred on strengthening trade, investor-led development, capital deployment, and industrial resilience.
The engagement explored opportunities to mobilise funding through U.S. institutions such as the International Development Finance Corporation, the Export-Import Bank of the United States, and the U.S. Trade and Development Agency (USTDA). These efforts aim to support critical mineral exploration, value-added industrial projects, and infrastructure development to strengthen the Southern African energy corridor.
The talks also highlighted mutual interest in civil nuclear energy, with Namibia’s position as a leading uranium producer seen as key to supporting a secure and diversified global energy mix.
Photo: U.S. Embassy Namibia
