EDITOR
Namibia is sitting on a treasure trove – and the world is starting to notice.
US Ambassador John Giordano recently told the BBC that Namibia offers a perfect platform for the US to access the minerals it needs for future industries. He singled out rare earths as a particularly promising opportunity, and his messages on X have been buzzing with the potential Namibia holds.
At the same time, Chinese investors are tightening their grip on Namibia’s uranium sector. A new joint venture between China National Nuclear Corporation (CNNC) and Bannerman Resources will develop the Etango Uranium Project, adding to Chinese dominance over the Rössing and Husab mines – Namibia’s biggest uranium producers.
These developments are a wake-up call. Namibia, a small nation, now has real leverage. The question is: will we use it?
The Nandi-Ndaitwah administration has talked about value addition in mining. But talking isn’t enough. Currently, Namibia can only process uranium to “yellowcake” before exporting it. That’s thousands of jobs and billions in potential revenue lost abroad. With the right policies, local processing could keep those jobs at home and turn raw materials into real wealth.
Critics warn about US interest in Namibian minerals. Yet this should be seen as bargaining power. Tie investment to value addition, and Namibia wins. Delay, and the moment slips away.
Other African nations are already acting. Ghana, for example, has announced it will ban the export of raw materials by 2030 to boost local industry. With smart planning and bold moves, Namibia could achieve the same – and faster than anyone expects.
The time for hesitation is over. The iron is hot, and Namibia must strike.
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