Botswana, Namibia explore joint funding for oil refinery

President Netumbo Nandi-Ndaitwah and President Duma Boko

17 May 2025

To benefit the region, Botswana and Namibia are considering pooling their resources to build an oil refinery.

This was one of the matters President Netumbo Nandi-Ndaitwah and her Botswana counterpart, President Duma Boko, discussed during the president’s working visit to Gaborone on Thursday. The talks centred largely on stronger economic cooperation.

“The two leaders agreed that bridging the gap between the ‘haves and the have-nots’, and the fight against poverty through job creation required urgent and concrete programmes and projects that needed to be implemented by both countries,” a statement by the Namibian Presidency reads.

The two leaders also agreed on directing their ministers to meet ahead of key diamond-sector meetings to establish common positions.

“As diamond-producing countries, Nandi-Ndaitwah and Boko directed that sector officials in both countries needed to work together to maximise revenue and value from diamonds in both countries,” the statement says.

Another issue discussed was the consolidation of bilateral cooperation of joint infrastructure, including the completion of the Trans-Kalahari railway line and scaling up imports through the Port of Walvis Bay.

Source: https://rb.gy/snve4a

3 hours ago

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