Oil ‘boom’ brings N$74bn in foreign capital
The oil and gas industry has brought Namibia N$74.4 billion in foreign direct investment (FDI) since 2021. Speaking at the Bank of Namibia annual symposium yesterday, research director Emma Haiyambo said the discovery of oil in offshore Namibia has brought significant foreign capital to the country. “The oil and gas industry attracted about N$74.4 billion […] The post Oil ‘boom’ brings N$74bn in foreign capital appeared first on The Namibian .