Invest in Namibia

Harnessing investment to drive economic recovery

Although Namibia no longer boasts a unanimous investment-grade rating, the country has a positive growth outlook with investment potential.

Here are the key outcomes of the report 

Favourable investment climate

Namibia is a politically stable democracy and one of the most competitive economies in the sub-Saharan Africa (SSA) region. The country also outperforms most of its regional peers in the ease of doing business rankings.

Positive growth outlook

Namibia’s positive medium-term outlook is driven by projections of robust growth in the agricultural and mining sectors. As a result, the economy is expected to recover from the sluggish performance of only 1.6% growth in 2016-17, with forecasts of around 3% over the 2018-19 period – outperforming the Southern African region’s forecast of 1.9% over the same period.

Strong bilateral ties

Given an increasingly protectionist global trade environment, it has become even more important for countries to recognise the mutual benefits of freer trade. Namibia boasts membership of key economic and trade communities, including the Southern African Customs Union (SACU) and the Southern African Development Community (SADC).

Challenges remain

While the Namibian economy has multiple opportunities and an upbeat outlook, there are several downside risks. Current projections, particularly for uranium production forecasts, are potentially overly optimistic. Additional challenges include Namibia’s twin fiscal and current account deficits, rising public debt, and policy uncertainty.

What our experts say 

Namibia has a positive growth outlook with investment potential, combined with a robust macroeconomic environment that is politically stable and regionally competitive.

Call to action 

Download the report for a more detailed look at Namibia’s investment potential. 

How can Deloitte help 

Deloitte’s emerging markets experts can provide further insight into emerging market trends, investment and scenarios.  

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