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Investment conference follow-up targets South African prospects

Investment conference follow-up targets South African prospects

When the High Commissioner to South Africa, HE Veiccoh Nghiwete was given his commission at the end of 2015, little did he realise that in the short period of just over one year, he would be involved in three events to promote Namibian investment opportunities to South African investors.

High Commissioner Nghiwete hosted the official launch of the Invest in Namibia conference in Johannesburg in October 2016. Just a month later, he was instrumental in bringing a very large South African delegation to the actual Invest in Namibia conference in Windhoek, and next week Thursday, he is again playing host to targeted South African investors at the Post Investment meeting at the Gallagher Convention Centre near Johannesburg.

The Post-Investment meeting is a follow-up event on Thursday 23 February 2017 in Johannesburg.

Following the outstanding success of the Invest in Namibia conference, High Commissioner Nghiwete was tasked by the President, HE Dr Hage Geingob to keep the contacts hot. This mandate resulted in next week’s Post-Investment conferece where 13 Namibian project promoters will engage the investors they have met in Windhoek, as well as some new prospects identified by the Namibian High Commission in Pretoria.

The South African prospects include the entire database of invitees to the Invest in Namibia launch in Johannesburg, representatives of those companies that attended the Investment Conference in Windhoek and a researched database of companies selected specifically on the criteria of participating projects.

This follow-up event will take the form of direct Business to Business consultations. On Thursday morning, High Commissioner Nghiwete will do the welcoming and introductory remarks setting the stage for the series of B2B meetings between the local project promoters and prospective South African investors. Representatives from the High Commission Commercial Office and the Namibia Investment Centre will also attend to assist companies with investment and trade related enquiries.

The investors follow-up meeting is another step to build on the groundwork laid at the Invest in Namibia conference in Windhoek. The 13 projects have been packaged earlier by the Ministry of Industrialisation, Trade and SME Development, and were presented in Windhoek. Now it is a matter of follow-up, follow through, and implementation.

The current projects on the table are in agriculture, energy, logistics, manufacturing, mixed property development, transport and tourism. Nine projects are private sector driven with two government projects and two promoted by Nampower.

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