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Hage Geingob: Is oil discovery off Namibia a blessing or a curse? | Oil and Gasoline

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From: Speak to Al Jazeera

Namibia’s president discusses the current discovery of an estimated one billion barrels of oil off his nation’s coast.

Namibia is a nation that rose from the world’s oldest desert, the place huge pink dunes in Southern Africa meet the Atlantic Ocean.

In accordance with the World Financial institution, progress in the direction of lowering inequality has been sluggish and the nation is taken into account one of many world’s most unequal. But that would change, given the current discovery of an estimated at one billion barrels of oil off its coast.

However might oil show extra of a curse than a blessing? We discover out, as Namibia’s President Hage Geingob talks to Al Jazeera.

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