Events – Africa Down Under 2023 – Namibia Investment Promotion and Development Board

Namibia at Africa Down Under 2023

Namibia prides herself as one of Africa’s premier mining markets, a jurisdiction rich in natural resources and a proven track record in mining. With a supportive regulatory environment and consistently great performance, Namibia’s mining industry is poised for promising growth in the coming years. Don’t miss the chance to explore the potential of Namibia’s mining sector at Africa Down Under in Perth, Australia. Join us and discover how to tap into this lucrative destination.

About the Mining Indaba

The Annual Investing in African Mining Indaba (Mining Indaba), now in its 27th year, is an annual premier forum for mining companies, investors and governments to connect and create opportunities for the capitalisation and development of mining interests in Africa. The Indaba connects experts and leaders from across the entire mining value chain, where, among other matters, also focuses on education, career development, sustainable development, and other important causes on the continent. The 2023 Mining Indaba will be held under the theme: Unlocking African Mining Investment: Stability, Security and Supply. Attendees can expect unmissable networking opportunities and the chance

Overview of the Mining Sector
in Namibia

Namibia’s mining sector is ranked among the top 10 in Africa for investment attractiveness by the Fraser Institute Annual Survey of Mining Companies in 2021. The mining industry is a significant contributor to the country’s economy, with minerals such as diamonds, gold, lead, zinc, tin, lithium, and uranium being mined. In 2021, the mining sector accounted for approximately 9.1% of Namibia’s gross domestic product (GDP), and is the second-largest sector in terms of foreign exchange earnings.

The fourth-largest producer of uranium oxide in the world, Namibia mostly supplies to power companies in South-East Asia, North America, and Central Europe. Namibia is the fourth-largest exporter of non-fuel minerals in Africa and a major producer of zinc.

The Namibian Government is actively promoting foreign investment in the mining sector, and has implemented policies to encourage sustainable and responsible mining practices.

Overall, the mining industry in Namibia is well-established and plays a vital role in the country’s economy. With a diverse range of minerals being mined, the sector has the potential for further growth in the future.