Namibia Launches Investment Guide to Boost Economic Diplomacy

Namibia Launches Investment Guide to Boost Economic Diplomacy. The Namibia Investment Guide was officially launched this week, marking a significant step in the country’s efforts to attract and facilitate foreign investment. The launch event featured a keynote speech by Hon. Selma Ashipala-Musavyi, Minister of International Relations and Trade, delivered on her behalf by Hon. Jenelly Matundu, Deputy Minister of International Relations and Trade.

In her remarks, Hon. Ashipala-Musavyi described the guide as more than just a document, emphasizing its role in marketing Namibia as an ideal investment destination. She expressed appreciation to the teams that worked tirelessly to produce the publication, noting its importance in supporting Namibia’s economic diplomacy.

The Minister highlighted President Dr. Netumbo Nandi-Ndaitwah’s inaugural pledge to prioritize investments in infrastructure development, agriculture, and urban land expansion. These areas, she said, are critical enablers that will unlock further opportunities, enhance productivity, and improve the quality of life for Namibians.

Central to the investment framework is the Namibia Investment Promotion and Facilitation Bill, which is currently being finalized. Hon. Ashipala-Musavyi acknowledged the importance of incorporating public feedback into the legislation, stressing that policy certainty is essential for attracting investors while ensuring developmental objectives are not compromised. The Bill is expected to be completed before the end of the calendar year.

She further underscored the strategic value of the Investment Guide in Namibia’s diplomatic missions abroad. Embassies, high commissions, and consulates will use the guide as a first point of contact for potential investors, providing information on Namibia’s economic sectors and business registration processes.

The Minister committed to working closely with the Namibia Investment Promotion and Development Board (NIPDB) to disseminate the guide globally, ensuring it reaches targeted audiences such as investors and business chambers.

In closing, she congratulated the NIPDB and content contributors for their efforts, urging all stakeholders to complete their units with diligence and patriotism. The guide, she declared, is now officially launched.