FDI inflows triple but must drive job creation
Foreign direct investment into Namibia reached N$151 billion between 2021 and 2024, more than triple the N$50 billion recorded from 2009 to 2020, but much investment has gone into capital-intensive exploration. Legal experts say the challenge now is to convert foreign investment into tangible improvements like job creation, with the Sixth National Development Plan positioning oil and gas and mining as strategic drivers of economic transformation focused on value addition and beneficiation rather than raw resource exports.
Foreign investment surge signals confidence in Namibia, but critical question remains whether FDI translates into job creation for citizens.
8 May 2026 · Windhoek Observer →