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Capitalising on Namibia's oil and gas boom to ensure sustainability through inclusive growth

The Star

|

May 14, 2025

NAMIBIA is well positioned for significant growth and transformation.

Capitalising on Namibia's oil and gas boom to ensure sustainability through inclusive growth

With major oil and gas discoveries in the Orange Basin and a 40-well drilling campaign by Total, with a Final Investment Decision (FID) expected in 2026, the country has a unique opportunity to redefine its economic landscape.

To support long-term prosperity, however, it is essential that the right choices are made now. Logistics, construction, catering and other support services have already seen increased activity, and if this is managed wisely, it could have a widespread positive effect on GDP and employment.

This will require inclusive planning, policy reform and a commitment to skills development to ensure sustainable economic reform.

Investing in skills to foster job creation

The oil and gas industry's greatest promise lies in job creation across the value chain.

Early momentum has focused on accessible, semi-skilled roles such as entry-level workers and support staff.

These jobs are essential, but for long-term sustainability it is vital to also invest in higher-skilled roles such as engineers, drilling managers, and project leaders, and to ensure robust skills transfer takes place.

RENEWABLE ENERGY

While internships, technical training, and engineering placements are already underway, these must be scaled.

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