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Namibia prepares to become the world’s new oil hub

Namibia prepares to become the world’s new oil hub

Off a busy quay in Namibia’s main port of Walvis Bay, the seeds of an economic boom are being planted.

As workers unload fish from boats or unload cargoes of Congolese sulfur and copper, a huge cylindrical drilling segment is hauled by an elongated trailer to a storage area. Between the more conventional loads of raw minerals and the imported used vehicles assigned to regional shippers, a lot is filling up with modern oil exploration equipment.