President Netumbo Nandi-Ndaitwah has called for trust in business negotiations between the USA and the African continent from the outset.

She emphasised that prolonged negotiation periods and a lack of tangible benefits for identified communities lead to distrust.

Dr. Nandi-Ndaitwah addressed a panel discussion themed 'Advancing U.S.-Africa Energy Partnerships: From Dialogue to Delivery' at the ongoing U.S.-Africa Business Summit in Luanda. 

The session sought to explore the consistency in policy and promote trust in the delivery of investments while considering the needs of governments and businesses.

President Nandi-Ndaitwah highlighted the time spent in dialogue as consuming, contrary to the unintended objectives of delivering on projects.

The recent discoveries of oil and gas reserves in Namibia have generated considerable global interest, which President Nandi-Ndaitwah believes is rightly spotlighted.

U.S. companies, including Chevron and ExxonMobil, are participating in Namibia's offshore oil and gas exploration.

President Nandi-Ndaitwah says these explorations mark the beginning of a robust bilateral partnership in the energy sector. 

Beyond Namibia's participation at the summit, President Nandi-Ndaitwah assured the attendees of the government's readiness to create a conducive environment for the private sector for gains that would contribute to the national development agenda.

More panellists shared their views on the importance of trusting strategic partnerships.

Sustainable financing and the leveraging of public-private partnerships for development projects are other themes dominating the discussions at the three-day business summit.

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Photo Credits
Namibian Presidency

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Blanche Goreses