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INVEST IN NAMIBIA
INVEST NOW
Namibia, celebrated for its captivating landscapes and endless skies, has evolved into Sub-Saharan Africa’s leading investment prospect. A fast-growing, peaceful and prosperous investment destination, blessed with an abundance of renewable and natural resources and a deep commitment to environmental preservation, good governance and democratic values.
Namibia’s politically robust democracy has helped to support economic growth and social advancement, offering businesses and investors a fertile ground for profitable ventures.
The country is positioning itself as an investment destination, Namibia offers investors unique and attractive opportunities. With a deliberate commitment to sustainable development, the country has made significant strides in diversifying its economy beyond traditional primary sectors such as mining and agriculture. The growth of industries like Oil & Gas exploration and development, Tourism, Manufacturing, Mining, Services (Digital & Global Business Services), Digital Services & Technology has created new investment opportunities with untapped potential for growth and long-term profitability.
OIL & GAS
Recent oil and gas discoveries onshore in the Kavango East region and offshore in the Orange and Walvis Basins have put Namibia in the spotlight, positioning the country as an exploration hotspot. On the other hand, great strides have been made in the renewable energy space with several large-scale projects currently in operation or under construction.
MINING
Namibia’s Mining Sector has also recovered from the decline in commodity prices since 2014. Fortunates have been turned around since the recent recovery of uranium prices in particular. This upward trend has prompted substantial investment in exploration, new mines and the bringing of mines under care and maintenance back into operation. Similar trends are seen in particular rare earths, lithium and other transition metals and minerals where demand and prices are both increasing.
TOURISM
Nestled in the heart of Southern Africa, Namibia is a natural beauty, characterised by endless horizons and picturesque landscapes, diverse culture and rich wildlife. From the sand dunes plunging down to the Atlantic Ocean at Sandwich Harbour, the second largest canyon in the world, Fish River Canyon to unforgettable stargazing experiences in the NamibRand Nature Reserve which is the first African location to obtain the DarkSky certification.
It is therefore no wonder that Tourism is amongst the top five priority sectors for investments in Namibia, with opportunities available in luxury accommodation, cruise , boutique adventure and film tourism. These opportunities are cemented by the new and deliberate positioning of Namibia as an emerging MICE destination, with a key focus on large conferencing projects
AGRICULTURE
With close to 70% of the population depending directly or indirectly on agriculture for their livelihoods, this sector remains an enduring priority for Namibia. The livestock sector in particular, offers sustainable investment opportunities in feedlots, meat production and livestock processing. Notably, there is a conspicuous gap in the market, particularly in the pork sector.
Beyond the primary value chain, further opportunities exist in value-added businesses ranging from meat processing to canning and tanning. The demand for high-quality livestock products worldwide presents a promising avenue for sustainable growth and return on investment.
RENEWABLE ENERGY
As the demand for sustainable energy intensifies, Namibia is well-positioned to leverage her unparalleled natural endowments, namely solar and wind resources, vast open spaces and a long coastline capacity to produce Green Hydrogen at highly competitive rates. Namibia is therefore in a prime position to attain her bold aspirations of becoming a renewable energy capital for Africa and potentially an international green hydrogen exporter within the next 10 years.
With projected large quantities of ammonia as the bi-product of Green Hydrogen from projects such as Daures Green Hydrogen village and Cleanergy, the horticulture industry holds immense potential as Namibia currently exports high value fruits to key markets such the United Arab Emirates, United Kingdom and European Union.
FUTURE SECTORS
Namibia presents diverse investment opportunities across multiple sectors driven by its natural resources, strategic location, and supportive government policies. Investors are encouraged to explore these opportunities, leveraging the favourable business environment and robust legal frameworks to achieve mutual growth and success. The Namibia Investment Promotion and Development Board (NIPDB) stands ready to facilitate and support potential investors in navigating the investment landscape.