China Tightens Its Grip on Namibia's Next Energy Boom
China and Namibia agreed to widen cooperation on uranium, with talks also emphasizing local processing, technology transfer and job creation.
- On Thursday, Namibian President Netumbo Nandi-Ndaitwah met with Chinese Premier Li Qiang in Beijing, finalizing eight cooperation agreements on energy, infrastructure, and mining following talks with Chinese leader Xi Jinping.
- Nandi-Ndaitwah has been on a seven-day visit to China since Sunday, seeking investment to help implement election pledges and diversify Namibia's economy amid high unemployment and inequality.
- Bilateral trade reached over $1.85 billion last year, as both nations agreed to strengthen cooperation on critical minerals, with uranium accounting for roughly 85% of Namibia's shipments to China.
- Namibia's focus is no longer only on exporting raw materials but on processing resources locally; the joint statement emphasized local processing, technology transfer, and skills development to generate employment.
- Investment efforts extend into the Green Hydrogen Programme, where the industry currently employs 800 people, aligning with Nandi-Ndaitwah's call for a "green revolution" built on monetizing agricultural and water resources.
12 Articles
12 Articles
(Beijing=Yonhap News) Correspondent Han Jong-gu = China has decided to strengthen cooperation with Namibia, a resource-rich African nation, on the development of key minerals such as uranium, lithium, and rare earth elements.
Namibia secures China deals on infrastructure, mining and energy with state visit
BEIJING, July 10 - China on Friday said it would step up cooperation with Namibia in the Southern African state's energy, farming, infrastructure, and minerals sectors during talks in Beijing between Chinese leader Xi Jinping and Namibian President Netumbo Nandi-Ndaitwah. Read more at straitstimes.com.
China Tightens Its Grip on Namibia's Next Energy Boom
China isn't waiting for Namibia to become an oil producer. It's getting in early. During a state visit to Beijing this week, Namibia and China signed eight cooperation agreements covering energy, critical minerals, infrastructure, agriculture, and economic development, as China attempts to secure a front-row seat to what could become Africa's next major energy story. Namibia's first female president, Netumbo Nandi-Ndaitwah, spent the week courti…
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