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Oshana to host investment conference

2023-07-25  Max Heinrich

Oshana to host investment conference

ONGWEDIVA – The Oshana region will host an investment conference to showcase its investment potential to local, national and international investors.

The event is planned to take place from the 23 to 24 August 2023 at the Dr Jose Edwardo Dos Santos Unam campus in Ongwediva.

Speaking at the launch last week, Minister of Information and Communication Technology Peya Mushelenga indicated the investors’ conference is the right initiative by the leadership of the region.

“The conference avails governments – whether central, regional or local – and investors opportunities to interact and share information on existing and potential business opportunities. On these occasions, companies can network, make presentations and eventually realise new markets and increase in trade volumes,” said Mushelenga.

He indicated that the conference is an important occasion that provides businesses with information on the nature, organisation and other related aspects of the conference.

He further said in many countries, regional and local governments have economic development units that carry out the functions of attracting investors to their localities.

“Regional economic units have a duty to stimulate business activities in their regions to increase growth per capita income, employment opportunities and ensure poverty reduction. Oshana is an ideal centre for trade and investments, given the facilities and infrastructure that it offers to businesses,” said Mushelenga.

Governor of Oshana region Elia Irimari highlighted that the conference aims to create an environment that fosters investment opportunities and promotes economic growth.

“This conference will serve as a platform for potential investors to explore the vast potential that Oshana has to offer – from agriculture to tourism, as well as manufacturing and technology,” said Irimari.

Irimari indicated that he believes that by attracting investment, we can create job opportunities, enhance infrastructure and ultimately improve the overall well-being of our people.

“By working together, we can transform Oshana into a thriving hub of economic activity, contributing to the growth of our nation as a whole,” said Irimari.

Deputy director of planning and development of the Oshana Regional Council Jeckonia Nangolo said the objective of the conference is to bring together potential investors, industry players, investor-services providers, marketers and consumers for business networking. 

It will present, exhibit and share Oshana’s potential investment opportunities. 

“The cost of the conference is slightly under half a million, and we currently have 250 participants. Exhibitors are currently 30, but we are planning on cutting them to 20 or 15,” said Nangolo.

Nangolo said the expected activities at the conference are presentations for business opportunities, showcasing regional potential investment areas; industry innovations presentations; business networking, and presentation of investor-support packages.


2023-07-25  Max Heinrich

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