Windhoek: Cabinet has approved the headquarters agreement between the Government of Namibia and the Walvis Bay-Ndola-Lubumbashi Development Corridor Management Committee, paving the way for the establishment of the committee's headquarters in Windhoek to strengthen regional trade and integration. The decision forms part of the resolutions adopted at the 21st Cabinet meeting held on 07 July 2026 and released by the Minister of Information and Communication Technology, Emma Theofelus, on Tuesday.According to Namibia Press Agency, the agreement is intended to provide the landlocked countries of Zambia and the Democratic Republic of Congo with improved access to the Port of Walvis Bay through Namibia's territory, thereby facilitating regional integration and cross-border trade. Cabinet also authorised the Executive Director in the Ministry of Works and Transport, Jonas Sheelongo, to sign the headquarters agreement on behalf of the government.In a separate decision, Cabinet approved the adoption of strategic o pportunities identified during Namibia's high-level engagements with the International Olympic Committee (IOC) and the Association of National Olympic Committees (ANOC) in Geneva and Lausanne, Switzerland, held from 19 to 21 April 2026. The approved measures include the development of a National Sport Governance Enhancement Programme to strengthen governance, accountability, transparency, safeguarding, and compliance within the Namibian sports sector, she added.Cabinet also endorsed initiatives to strengthen athlete development and high-performance systems through greater utilisation of Olympic Solidarity, ANOC, and other international development programmes. Other approved initiatives include the establishment of a National Safeguarding Framework for Sport aligned with IOC standards and international best practice, as well as a National Digital Sport Development Initiative aimed at improving athlete visibility and digital engagement.Cabinet further took note of the outcomes of the International Monetary Fund and World Bank spring meetings held in Washington, D.C, from 13 to 19 April 2026, where discussions focused on persistent external sector vulnerabilities affecting Sub-Saharan African economies, including shallow foreign exchange markets, currency mismatches, and fragile inflation expectations. Cabinet has since directed the Ministry of Finance and the Bank of Namibia to report on follow-up technical assistance engagements with the IMF and the World Bank.