Industry related headlines to keep you in the know.
Namibia has been ranked 17th in the RMB 2025/26 Where to Invest in Africa (WTIIA) report, reflecting improved investor sentiment and stronger macroeconomic stability.
The report highlights that Namibia performed well in economic stability, market accessibility, and innovation, placing the country among Africa’s top 20 investment destinations.
According to the publication, Namibia’s improved standing is largely attributed to recent offshore oil and gas discoveries. These developments have the potential to diversify the economy and support long-term growth. RMB noted that the discoveries could boost Namibia’s economic growth by up to 8% over the next decade.
“The country is poised for significant potential growth because of recent offshore oil and gas discoveries. This could be key in Namibia’s move away from reliance on extractive industries and diamond exports, with leaders predicting potential for an 8% boost to economic growth in the next 10 years,” the report stated.
The 2025/26 edition describes Namibia’s investment environment as one of opportunity and contrast. With a population of approximately three million spread across 825,000 square kilometres, Namibia remains one of the least densely populated countries in the world.
Despite its 1,500-kilometre Atlantic coastline, the report notes that Namibia continues to face water scarcity and recurring droughts, which limit agricultural production.
RMB also observes that while Namibia remains among the world’s most unequal societies, it has demonstrated economic resilience and the capacity to transition away from heavy reliance on extractive industries and diamond exports.
“A path away from the country’s heavy reliance on extractive industries and diamond exports, and towards prosperity, may lie in recent offshore oil and gas finds,” the report noted.
Namibia’s economic challenges include an unemployment rate of around 20% and persistent income inequality. The International Monetary Fund (IMF) projects average medium-term economic growth of approximately 3%, although resource-led expansion could accelerate performance if managed effectively.
The report emphasises that inclusive growth and broad-based participation are essential to reducing inequality and unlocking long-term economic opportunity.
Regionally, Namibia continues to rank among Africa’s more stable and accessible markets.
“Seychelles, Mauritius, Egypt, South Africa and Morocco retained the top five positions in the index, while several countries, including Nigeria, Mozambique, Côte d’Ivoire, Zambia and Senegal, recorded significant movements,” the report said.
The 2025/26 WTIIA report, themed “From Aid to Investment and Trade”, reflects a broader shift across Africa from traditional aid models toward investment-driven partnerships. RMB said this transition is reshaping the continent’s growth priorities around sustainability, regional collaboration, and private-sector participation.
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October 27, 2025
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