By Sharon Akuboh
In a strategic move to deepen economic cooperation and unlock new trade opportunities, the Organisation of Women in International Trade (OWIT) Nigeria has initiated high-level discussions with the Namibian High Commission in Abuja to strengthen bilateral trade relations between Nigeria and Namibia.
The meeting, held at the Namibia Embassy in Abuja, brought together key stakeholders committed to expanding trade beyond the current modest levels, estimated at under $10 million annually. Both parties agreed that the existing trade volume significantly underrepresents the vast economic potential between the two nations.
The Namibian High Commissioner to Nigeria, Humphrey D. Geiseb, welcomed the OWIT delegation and expressed strong optimism about the future of Nigeria–Namibia trade relations. He commended the proactive approach of OWIT and emphasized the need for clear strategies and structured implementation frameworks to drive tangible results.
Expanding Trade Frontiers
Discussions highlighted Nigeria’s strong export capacity in agro-processed and value-added products such as cassava derivatives, tomato paste, palm oil, cocoa, spices, and packaged foods. Additionally, opportunities exist in textiles, cosmetics, and other light manufacturing sectors—areas that align closely with Namibia’s growing import demand.
On the other hand, Namibia showcased its own export strengths, particularly in high-quality beef, seafood, fresh fruits, leather materials, and mineral resources. The country’s strategic logistics advantage through Walvis Bay was also identified as a gateway for Nigerian businesses seeking entry into Southern African markets.
Leveraging AfCFTA for Growth
A central theme of the engagement was the effective utilization of the African Continental Free Trade Area, which both parties identified as a critical tool for reducing trade barriers, improving market access, and enabling seamless cross-border trade across Africa.
OWIT Nigeria emphasized the importance of structured bilateral integration and regional expansion strategies that position Namibia as a hub for Southern Africa while strengthening Nigeria’s export footprint.
Trade Missions and Business Engagements
To translate discussions into actionable outcomes, plans are underway for a Nigeria–Namibia Trade Mission scheduled for July 2026, alongside a reciprocal visit by Namibian stakeholders to Nigeria. A proposed Nigeria–Namibia Business Forum is also in development, aimed at fostering direct engagement between investors, policymakers, and private sector players.
Sector-specific engagements, including a breakfast meeting focused on the meat industry, are expected to accelerate partnerships and unlock immediate opportunities.
Driving Inclusive Trade Through Women and SMEs
As a women-led trade organization, OWIT Nigeria reaffirmed its commitment to empowering women entrepreneurs and small businesses to access international markets. The initiative focuses on capacity building, export readiness, and inclusive participation under AfCFTA.
In a significant development, Namibia has proposed the establishment of an OWIT Chapter, a move expected to strengthen women’s participation in cross-border trade and foster collaboration between both countries.
Strategic Partnerships and Sectoral Collaboration
The meeting also identified key financial and institutional partners—including major Nigerian banks and Namibia’s investment promotion agencies—to support trade financing, investment facilitation, and business matchmaking.
Collaboration areas outlined include:
Joint agricultural value chains
Logistics and supply chain development
Renewable energy and green economy initiatives
SME training and export development
Business-to-business matchmaking platforms
These initiatives are expected to enhance productivity, reduce trade barriers, and drive sustainable economic growth.
OWIT Nigeria Leadership Driving the Vision
The OWIT Nigeria delegation was led by:
Dr. Mrs. Blessing Irabor Oza, President, OWIT Nigeria
Mrs. Queen Ouserigha, Coordinator, OWIT Abuja
Mrs. Angonimi David-Imeh, Vice President (Marketing & Membership), OWIT Nigeria
The team demonstrated strong leadership and commitment to advancing Nigeria’s trade agenda while promoting inclusive economic development.
A Promising Outlook
The meeting concluded on a positive note, with both Nigeria and Namibia expressing strong commitment to transforming dialogue into measurable outcomes. With structured planning, strategic partnerships, and the effective use of continental trade frameworks, the Nigeria–Namibia trade corridor is poised for significant growth.
This engagement marks a critical step toward building a more integrated, inclusive, and prosperous African trade ecosystem.