“Growth at Home” is the theme chosen by the Ministry of Industrialization, Trade and SME Development to reinforce the importance of accelerating economic growth, reducing income inequality and increasing employment. MTI’s programmes are geared at removing supply side constraints, increase productive capacity, and increase the competitiveness of Namibian industry in the domestic, regional and international markets.

Namibia is divided into 14 regions and subdivided into 121 constituencies. It is one of the continent’s most pleasant, peaceful and politically stable environments, and have an infrastructure to rival many developed countries. The Namibian dollar is the currency of Namibia. Its code is NAD. It was introduced in September 1993, and is still linked to the South African rand, which is also legal tender in Namibia.

The total stock of FDI in 2016 reached USD 4.3 billion.

Namibia ranked 108th out of 190 countries in the 2017 Doing Business report published by the World Bank.

President Hage Geingob, elected in late 2014, has introduced new measures aimed at strengthening the national economy. The country has launched very large infrastructure projects (including railroads toward its neighbouring countries, enlargement of the Walvis Bay Port and several mines), all of which are expected to bring in significant FDI inflows.

Useful information

Namibia Country Presentation 22 November 2017 

Foreign Investment Act

Namibia Trade Directory 2016

Guia de Negócios da Namíbia_2016

Doing Business in Namibia 2016