Namibia: No More Raw Minerals Exports From Namibia …. Aims to Boost Domestic Industrialisation Efforts

President Hage Geingob yesterday told the world that Namibia will no longer export unprocessed mineral products.

Speaking at the European Union and Namibian Business Forum taking place in Belgium, Geingob’s statement came after Cabinet decided to prohibit the exportation of Namibia’s critical minerals in raw form. This is in a bid to create more local jobs, more local value and to boost domestic industrialisation efforts.

Namibia’s economy is intricately linked to the extraction and processing of…