Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Organization

Namibia Industrial Development Agency

Also known as: Nida

Namibia Industrial Development Agency — state entity managing industrial parks and special economic projects, currently facing funding shortages and utility arrears.

Business

Government considers large-scale salmon farming for Namibia

The News

President Nandi-Ndaitwah met with Namibia Atlantic Salmon Holdings to review plans for Africa's first large-scale salmon farming industry along Namibia's coast, emphasising the need for job creation, local ownership, and sustainable practices. The project would produce up to 51,000 tonnes of salmon under its initial licence, with the Namibia Industrial Development Agency aiming to structure local ownership at 60%.

Why it matters

Government-backed salmon farming project could create major employment but requires careful environmental and local ownership oversight.

22 hours ago · New Era →

Yesterday

  1. Government considers large-scale salmon farming for Namibia

    President Nandi-Ndaitwah met with Namibia Atlantic Salmon Holdings to review plans for Africa's first large-scale salmon farming industry along Namibia's coast, emphasising the need for job creation, local ownership, and sustainable practices. The project would produce up to 51,000 tonnes of salmon under its initial licence, with the Namibia Industrial Development Agency aiming to structure local ownership at 60%.

    22 hours ago · New Era →

Sunday 8 March

  1. Editorial: Government tender exemptions sideline small businesses

    The Construction Industries Federation warns that direct appointment of state-owned enterprises for public contracts—such as the N$140 million sports facilities project awarded to the Roads Construction Company—systematically excludes small and medium enterprises and emerging contractors from public work. The editorial argues that tender exemptions create pathways for corruption and cronyism, citing examples including the cancelled Lüderitz Bay port tender, and contends that this pattern of bypassing competitive processes suffocates legitimate private sector participation.

    8 March 2026 · The Namibian →

Thursday 5 March

  1. Namibia progresses Kongola crocodile farm revival project

    The Namibia Industrial Development Agency says significant progress has been made reviving the Manyeha Crocodile Farm in Kongola, with land clearing and roofing completed and renovations underway. The farm is expected to relaunch as a lodge by end of 2026, followed by agricultural crocodile breeding operations in 2027, though traditional governance complexities have created some coordination challenges.

    5 March 2026 · New Era →

Monday 2 March

  1. Opposition leader alleges presidential family controls petroleum value chain

    Panduleni Itula, leader of the Independent Patriots for Change, presented evidence he says shows the president's family members hold interests across the oil and gas sector—including the president's son operating a diesel distribution business at Lüderitz port and the first gentleman serving as patron of a petroleum industry forum—and called on Parliament to reject a petroleum amendment bill that would transfer licensing authority to the Presidency.

    2 March 2026 · The Namibian →

Thursday 26 February

  1. Namibia launches Africa's first salmon farming industry

    Namibia is set to pioneer Africa's first salmon farming industry with a N$41 million aquaculture farm at Lüderitz, backed by Norwegian company African Aquaculture Company. The project aims to produce 1,000 tonnes of Atlantic salmon annually in its first phase, scaling to 51,000 tonnes, while creating over 5,000 jobs and positioning Namibia as a leader in sustainable blue economy development.

    26 February 2026 · New Era →

Thursday 19 February

  1. Nida owes Keetmanshoop N$3.9m for water and electricity

    The Namibia Industrial Development Agency says it cannot pay its N$3.9 million water and electricity debt to Keetmanshoop municipality because tenants have failed to pay rent, creating cash flow problems. The municipality offered Nida a 100% interest waiver if it settled N$3.1 million in capital debt over three months, but Nida declined, citing inability to pay N$1 million monthly and is now requesting treasury assistance through its line ministry.

    19 February 2026 · The Namibian →

Sunday 15 February

  1. Nida partners with Ghanaian firm for N$4-billion Lüderitz oil port

    The Namibia Industrial Development Agency is partnering with Ghanaian businessman Jory Adu-Boahene to develop a N$4-billion oil and gas supply base in Lüderitz Bay, with Nida claiming a 51% stake. The project, which involves Swapo-linked businessman Josef Andreas, has resurfaced after a previous tender process was cancelled amid disagreements over governance and structure.

    15 February 2026 · The Namibian →

Tuesday 10 February

  1. Parliamentary committee warns NIDA needs N$500 million funding

    Parliament's Standing Committee on Natural Resources has flagged that the Namibia Industrial Development Agency requires over N$500 million in funding to sustain its 148 nationwide properties, with an additional N$550 million capital injection needed for its strategic business plan and N$29.7 million to clear utility arrears. The agency faces operational challenges including electricity and water disconnections across 69 and 89 parks respectively, delayed policy implementation on diamonds and special economic zones, and mounting utility costs.

    10 February 2026 · Informanté →

Friday 6 February

  1. Parliament calls for stronger natural resources policies and funding

    Namibia's Parliamentary Standing Committee on Natural Resources has recommended stronger policies, funding, and inter-ministerial collaboration to unlock the country's resource potential and align sector strategies with national development priorities including Vision 2030. The mining sector contributed 13.3% to GDP in 2024, while the government received N$7.32 billion in mining revenue, but challenges persist in land reform, energy, and conservation funding.

    6 February 2026 · New Era →

Thursday 5 February

  1. Nida requires N$550m for strategic plan and utility arrears

    The Namibia Industrial Development Agency needs at least N$550 million to implement its integrated strategic business plan and N$29.7 million to clear outstanding utility arrears, according to a Parliamentary Standing Committee on Natural Resources report. Nida faces operational challenges including an N$102 million operating loss in 2024, electricity disconnection at 69 industrial parks, and water debt at 89 properties.

    5 February 2026 · New Era →

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