Namibian VP Woos Ugandan Investors

Sunday, January 21, 2024
Namibian Vice-President, Dr. Nangolo Mbumba
ISMA TUKAMUHABWA
2 Min Read

Namibian Vice-President, Dr. Nangolo Mbumba, extended a warm invitation to the Ugandan business community, urging them to explore investment opportunities in Namibia. The call was made during a dinner hosted by Namibia’s Honorary Consul in Uganda, Godfrey Kirumira, at his Buziga-based home in Kampala on Thursday.

Dr. Mbumba, leading a delegation of 35 Namibian officials attending the Non-Aligned Movement (NAM) and G77+China summits, expressed his eagerness to foster stronger commercial diplomacy between Namibia and Uganda. Addressing a cross-section of city business personalities, he emphasized the need for African nations to collaborate in various fields, including business and resource utilization.

Key Points from Dr. Mbumba’s Address

DateEventLocation
ThursdayDinner hosted by Honorary Consul Godfrey KirumiraBuziga, Kampala
NovemberNamibian Vice-President Dr. Nangolo Mbumba takes officeNamibia (incoming President)
February/MarchBusiness delegation from Uganda to visit NamibiaNamibia

Dr. Mbumba introduced Namibia’s incoming President, Netumbo Nandi-Ndaitwah, and highlighted the warm diplomatic ties between Namibia and Uganda. He urged Ugandans to support Netumbo and emphasized the importance of uniting African nations for mutual benefit.

Netumbo, expressing Namibia’s commitment to strengthening commercial diplomacy with Uganda, cited the appointment of Honorary Consul Godfrey Kirumira as a step towards facilitating business interests between the two countries. She announced that a team of Ugandan business people would be visiting Namibia in the coming month to explore collaboration opportunities.

Honorary Consul Kirumira thanked Vice-President Mbumba for the honor of visiting his home and pledged to deliver on the expectations set by Namibia’s President. He highlighted ongoing efforts to mobilize Ugandan business people for investment in Namibia, postponing a planned tour to Namibia due to the NAM conference and G77 summit.

Prominent Ugandan businessman Hamis Kiggundu, among others, expressed interest in investing in Namibia and emphasized the need to bridge the gap in reasoning between success and failure to foster Africa’s growth.

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