President Geingob Meets World Bank VP to Discuss Economic Partnerships

WINDHOEK – Namibian President Hage Geingob welcomed Dr. Victoria Kwakwa, the World Bank Regional Vice-President for Eastern and Southern Africa, to the State House on Tuesday, to discuss potential partnerships and Namibia’s economic progress.

According to Namibia Press Agency (Nampa), Dr. Kwakwa praised Namibia for its advancements post-independence and acknowledged the unemployment challenge prevalent throughout Africa. She outlined the country’s dedication to green industrialisation as a key strategy for employment generation, focusing on internal job creation, local procurement, and the enhancement of materials before export. This approach is expected to progressively lead to increased equity within Namibia.

Moreover, Dr. Kwakwa conveyed the World Bank’s readiness to engage in a partnership conducive to Namibia’s objectives, particularly in support of the Harambee Prosperity Plan’s second pillar. This plan’s goals encompass economic growth, industrialisation, job creation, poverty alleviation, and sustainable development, which align with the World Bank’s focus areas in the region.

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