Tanzania-Namibia hold investment forum to boost bilateral trade

Dar es Salaam. The First Tanzania-Namibia Trade and Investment Forum took place on Thursday, May 30, in Windhoek.

The forum, organised to boost bilateral trade relations, was jointly organised by the Tanzanian Embassy in Namibia and the Namibia Investment Promotion and Development Board.

The forum covered sectors such as livestock, fishing, agriculture, tourism, infrastructure, trade, and investment.

The Tanzanian delegation was led by the Permanent Secretary in the ministry of Foreign Affairs and East African Community (In Charge of East African Affairs), Amb Stephen Mbundi.

Various Tanzanian institutions participated in the forum.

The forum generated significant enthusiasm for trade and investment cooperation, allowing participants to engage in B2B (business-to-business) and G2G (government-to-government) meetings.

“One of the outcomes of the forum was the interest expressed by Namibian businesspeople in purchasing maize from Tanzania,” Amb Mbundi told The Citizen.

Reports from Windhoek say the Namibian chief executive officer of the Investment Board was the forum guest of honour, representing the country’s minister for planning and economy.