On March 21, 2025, Netumbo Nandi-Ndaitwah was inaugurated as Namibia’s first feminine president, marking a historic milestone for the nation. In her inaugural handle, she emphasised plans to diversify the economic system past its conventional reliance on pure sources. A key part of this technique consists of boosting investments within the agricultural sector to boost home meals manufacturing and obtain self-sufficiency. Nandi-Ndaitwah additionally highlighted the significance of worth addition to pure sources, aiming to make sure that Namibians profit extra straight from the nation’s wealth. Addressing the nation’s excessive unemployment charges, significantly among the many youth, she underscored the necessity for job creation by means of financial diversification. Moreover, the president dedicated to upholding excessive moral requirements in public service and intensifying efforts to fight corruption. Regardless of current financial progress pushed by investments in oil, gasoline, and inexperienced hydrogen, Namibia continues to grapple with important earnings inequality, rating second highest globally based on World Financial institution knowledge.
Supply: Reuters
