Part 1: Doing Business in NAMIBIA
What is the current business climate in your
jurisdiction, including major political, economic, and/or legal
activities on the horizon in Namibia that could have a big impact
on businesses?
Namibia has maintained political stability and a generally
positive investment climate. Significant investment has
historically gone into the mining, fishing, and tourism sectors.The
country is upgrading its transportation infrastructure to
facilitate investment and position itself as a logistics hub for
road, rail, and sea transportation, connecting neighboring
countries to the global marketplace.
Namibia is rich in mineral resources, including diamonds and
uranium. With the current global energy crisis, the country is
establishing itself as a green hydrogen investment destination.
Green hydrogen production is expected to contribute substantially
to economic growth, create employment, and foster environmental
sustainability by reducing