Namibia is driving industrial growth through investment reform
The experts highlighted that Namibia is positioning its oil, gas and mining sectors as key drivers of industrialisation, beneficiation and infrastructure development under its National Development Plan Six (NDP6). At the same time, the government is implementing policy and regulatory reforms to attract increased foreign direct investment (FDI).
They noted that Namibia's FDI inflows grew significantly from N$50 billion between 2009 and 2020 to N$151 billion between 2021 and 2024, largely driven by exploration activity in the oil and gas sector. However, they emphasised that the country's next challenge is converting exploration-led investment into broader economic benefits, including job creation, industrial development and sustainable economic growth.
The experts concluded that Namibia's long-term success will depend on maintaining a balance between investment promotion and a predictable, transparent regulatory environment, while ensuring that resource development delivers lasting industrial and economic benefits.
Click here to read more.
The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2026 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.
Subscribe
We support our clients’ strategic and operational needs by offering innovative, integrated and high quality thought leadership. To stay up to date on the latest legal developments that may potentially impact your business, subscribe to our alerts, seminar and webinar invitations.
Subscribe
