Closing Remarks

Hon. Tom Alweendo, Minister of Mines and Energy

The Minister did not mince words, noting that the Government will give investors everything they need to allow the development to happen One key and rational requirement are that the investment is mutually beneficial

Investors were asked to take the question of local content seriously Value chain capturing through local content will allow it to be resilient and sustainable

Possible to make changes quickly with the right attitude and people in place. Ambition in Namibia is to become a global or continental hub.

About to conclude collaboration with EU - allows us to become a GH hub.

Want to convey thanks for the recent donation from Germany. Need to find ways to mitigate risk for financial institutions.

Emphasized collaboration and not competition.

Thus it is no secret that fossil fuels will be phased but it needs to be a Just Transition and Namibia is in a better position to meet its energy needs and cannot move at the same pace as other countries.