15
May
Niël Terblanché Iran has announced new investment plans in Namibia, including the possibility of establishing an oil refinery and oil storage facilities in Walvis Bay. Iran's ambassador to Namibia, Seyed Ali Sharifi, made this announcement at a business event for small and medium-sized enterprises (SMEs). The event, hosted in collaboration with the Namibia Chamber of Commerce and Industry (NCCI), sought to foster business networks and future investment opportunities. Ambassador Sharifi emphasised Iran's intention to expand bilateral relations with Namibia across various sectors, particularly focusing on the oil market. He emphasised Iran's ability to help Namibia achieve self-sufficiency in fuel production.…