Namibia Investment Promotion and Development Board
ABOUT NAMIBIA
Namibia is a land of hospitable people, with rich
cultural traditions and exciting investment opportunities.
Through the world class port in Walvis Bay, the country positions itself as the logistics hub for road, rail and seafront, connecting neighbouring countries and the broader Southern Africa Development Community with the rest of the world.
Sound
Financial
Systems
Strong
Macroeconomic
Framework
Conducive
Business
Environment
Globally
Competitive
Infrastructure
Good Governance, Peace and Stability
Young, Educated and Trainable Workforce
Access
to
Markets
SOUND FINANCIAL SYSTEM
The Namibian financial system is sound and profitable. The financial system in Namibia consists of financial markets, instruments, institutions and infrastructure. Responsibility for financial stability falls under the ambit of the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority (NAMFISA), respectively.
STRONG MACROECONOMIC FRAMEWORK
Namibia is an upper-middle income country with ambitions to become a high-income industrialised country by the year 2030.
COMMITMENT TO FOSTERING A CONDUCIVE BUSINESS ENVIRONMENT
With the establishment of an Investment Promotion Agency, NIPDB, Namibia is committed to creating a conducive business environment in which investors can register and thrive. The Investment Board exists to develop new investment strategies, create a seamless investor experience and explore synergies with the public and private sector and in order to create a conducive investment environment in the country.
GLOBALLY COMPETITIVE INFRASTRUCTURE
Namibia has a well maintained, integrated and globally competitive network of road, air, port, railway, power, postal and telecommunication infrastructure. Entry into, travel within and telecommunication in Namibia is easy, accessible and hassle-free.
GOOD GOVERNANCE, PEACE AND STABILITY
The Namibian Constitution is the supreme law of the country, and ushered in the principle of constitutional supremacy and a system of governance based on the principles of constitutionalism, the rule of law, and respect for the human rights of the individual. The application of the Constitution is successful in preserving equality, peace and stability. Namibia has seen three decades of independence, smooth transition of power between three presidents as well as peace, stability and progress.
YOUNG, EDUCATED AND TRAINABLE WORKFORCE
Namibia has a relatively young and well educated workforce. Considering its population size, the country is also well serviced by public and private universities, as well as numerous vocational training institutions, scattered throughout the country. The country’s education system is also geared towards adapting to the needs of emerging industries, to deliver a competent, trained workforce.
ACCESS TO MARKETS
Due to its favourable geographical location, Namibia has an integrated system of well maintained transport networks which allow Namibia’s Ports to serve as a point of entry for landlocked African countries to access the global market. Namibia currently has the following regional integration and bilateral trade agreements, amongst others:
- Africa Continental Free Trade Area (AfCFTA)
- Southern African Development Community (SADC)
- Southern African Customs Union (SACU) – South Africa, Eswatini, Namibia, Lesotho & Botswana
- Economic Partnership Agreement European Union
- Free Trade Agreement between the European Free Trade Association (EFTA) States and the SACU States (Iceland. Liechtenstein, Norway & Switzerland)
- Preferential Trade Agreement between the Common Market of the South (MERCOSUR) and SACU
- SADC & EU Economic Partnership Agreement (EPA)
SOUND FINANCIAL SYSTEM
The Namibian financial system is sound and profitable. The financial system in Namibia consists of financial markets, instruments, institutions and infrastructure. Responsibility for financial stability falls under the ambit of the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority (NAMFISA), respectively.
STRONG MACROECONOMIC FRAMEWORK
Namibia is an upper-middle income country with ambitions to
become a high-income industrialised country by the year 2030.
COMMITMENT TO FOSTERING A CONDUCIVE BUSINESS ENVIRONMENT
With the establishment of an Investment Promotion Agency, NIPDB, Namibia is committed to creating a conducive business environment in which investors can register and thrive. The Investment Board exists to develop new investment strategies, create a seamless investor experience and explore synergies with the public and private sector and in order to create a conducive investment environment in the country.
GOOD GOVERNANCE, PEACE AND STABILITY
The Namibian Constitution is the supreme law of the country, and ushered in the principle of constitutional supremacy and a system of governance based on the principles of constitutionalism, the rule of law, and respect for the human rights of the individual. The application of the Constitution is successful in preserving equality, peace and stability. Namibia has seen three decades of independence, smooth transition of power between three presidents as well as peace, stability and progress.
GLOBALLY COMPETITIVE INFRASTRUCTURE
Namibia has a well maintained, integrated and globally competitive network of road, air, port, railway, power, postal and telecommunication infrastructure. Entry into, travel within and telecommunication in Namibia is easy, accessible and hassle-free.
YOUNG, EDUCATED AND TRAINABLE WORKFORCE
Namibia has a relatively young and well educated workforce. Considering its population size, the country is also well serviced by public and private universities, as well as numerous vocational training institutions, scattered throughout the country. The country’s education system is also geared towards adapting to the needs of emerging industries, to deliver a competent, trained workforce.
ACCESS TO MARKETS
Due to its favourable geographical location, Namibia has an integrated system of well maintained transport networks which allow Namibia’s Ports to serve as a point of entry for landlocked African countries to access the global market. Namibia currently has the following regional integration and bilateral trade agreements, amongst others:
- Africa Continental Free Trade Area (AfCFTA)
- Southern African Development Community (SADC)
- Southern African Customs Union (SACU) – South Africa, Eswatini, Namibia, Lesotho & Botswana
- Economic Partnership Agreement European Union
- Free Trade Agreement between the European Free Trade Association (EFTA) States and the SACU States (Iceland. Liechtenstein, Norway & Switzerland)
- Preferential Trade Agreement between the Common Market of the South (MERCOSUR) and SACU
- SADC & EU Economic Partnership Agreement (EPA)
- Update list
Get in touch with us
- Investment House
- Cnr. of Garten & Dr. A B May Streets
- Private Bag 12039
- Windhoek, Namibia
- info@nipdb.com
- +264 (0) 83 333 8600
Work Hours
- Monday - Friday
- 08:00 am - 05:00 pm