Windhoek/Gaborone – May 22, 2025 — Namibia and Botswana have announced plans to jointly develop a regional oil refinery, aiming to enhance energy security, reduce reliance on imported fuels, and stimulate economic growth in Southern Africa.
Strategic Collaboration for Energy Independence
The proposed refinery is a collaborative effort to process domestically sourced crude oil, capitalizing on recent offshore discoveries in Namibia. By refining oil locally, both nations seek to stabilize fuel prices, ensure a consistent energy supply, and decrease dependence on foreign imports.
During a recent diplomatic visit to Gaborone, Namibian President Netumbo Nandi-Ndaitwah and Botswana’s President Duma Boko emphasized the project’s potential to address regional energy challenges and promote economic diversification.
Economic Growth and Regional Integration
The joint refinery is expected to create employment opportunities, develop technical expertise, and attract foreign investment. It aligns with broader goals of the Southern African Development Community (SADC) to foster regional integration and economic resilience.
By pooling resources and expertise, Namibia and Botswana aim to establish a facility that not only serves their domestic needs but also supports neighboring countries, contributing to a more interconnected and self-reliant Southern African energy market.
Tags: Namibia, Botswana, oil refinery, Southern Africa, energy security, regional cooperation, economic growth, SADC, crude oil, energy independence, infrastructure development, regional integration, job creation, energy policy, African development.
