The investment board in Namibia says they just exchanged emails with people claiming to build a N$37 billion railway up north. AfrailX Inc. says officials approved their plans for trains connecting northern towns. Investment spokesperson Catherine Shipushu clarified that their letter merely offers standard services, not project approval. The board lacks the power to greenlight projects or make deals with anyone. They simply help viable ventures succeed through proper checks.
AfrailX hardly exists online - their website disappeared- but they thanked Namibian leaders on social media for supporting their northern railway plans. The company started just three years ago. They call their project a gift to President Nandi-Ndaitwah plus a tribute to former leader Nujoma. Political expert Johan Coetzee finds all this suspicious because Namibia already borrowed N$3.7 billion last year for different rail improvements. He worries about the secrecy around business details. The lack of transparency might hide corrupt deals benefiting connected people through nepotism or favoritism.
AfrailX hardly exists online - their website disappeared- but they thanked Namibian leaders on social media for supporting their northern railway plans. The company started just three years ago. They call their project a gift to President Nandi-Ndaitwah plus a tribute to former leader Nujoma. Political expert Johan Coetzee finds all this suspicious because Namibia already borrowed N$3.7 billion last year for different rail improvements. He worries about the secrecy around business details. The lack of transparency might hide corrupt deals benefiting connected people through nepotism or favoritism.
