Namibia Africa’s best performer in attracting Greenfield Foreign Direct Investment
Favourable
Namibia is rasing its profile as an investment destination for greenfield developments, opines the Namibia Investment and Promotion Development BOard
Namibia has once again punched above her weight and emerged as first in Africa and second overall in the 2025 ranking of the Greenfield FDI Performance Index, FDI Intelligence announced this morning.
The Greenfield FDI Performance Index measures how effectively a country attracts greenfield Foreign Direct Investment (FDI) projects based on its economic size. This year, Namibia moved up 10 places from the previous year to claim the number one position on the continent.
Recent offshore oil discoveries have dramatically changed the country’s economic trajectory. Fields in Namibia’s offshore Orange Basin (where Total and Shell drilled multiple exploratory wells) hold 11 billion barrels of light oil and 2.2 trillion cubic feet of natural gas reserves, according to the US International Trade Administration. That would put Namibia’s reserves on par with those of frontier oil sensation Guyana.
Beyond the extraction of natural resources in mining and oil and gas, the country has been able to diversify foreign investment inflows into sustainable energy, as well as manufacturing — notably Coca-Cola Beverages Africa’s $50mn commitment to install a new bottling line and develop a water treatment plant.
This is a significant achievement for Namibia, which highlights that the country’s collaborative efforts to improve the ease of doing business and create a conducive environment for investment is bearing fruit.
*Nangula Uaandja is the CEO of the Namibia Investment and Promotion Development Board.**
The Greenfield FDI Performance Index measures how effectively a country attracts greenfield Foreign Direct Investment (FDI) projects based on its economic size. This year, Namibia moved up 10 places from the previous year to claim the number one position on the continent.
Recent offshore oil discoveries have dramatically changed the country’s economic trajectory. Fields in Namibia’s offshore Orange Basin (where Total and Shell drilled multiple exploratory wells) hold 11 billion barrels of light oil and 2.2 trillion cubic feet of natural gas reserves, according to the US International Trade Administration. That would put Namibia’s reserves on par with those of frontier oil sensation Guyana.
Beyond the extraction of natural resources in mining and oil and gas, the country has been able to diversify foreign investment inflows into sustainable energy, as well as manufacturing — notably Coca-Cola Beverages Africa’s $50mn commitment to install a new bottling line and develop a water treatment plant.
This is a significant achievement for Namibia, which highlights that the country’s collaborative efforts to improve the ease of doing business and create a conducive environment for investment is bearing fruit.
*Nangula Uaandja is the CEO of the Namibia Investment and Promotion Development Board.**
Kommentaar
Republikein
Geen kommentaar is op hierdie artikel gelaat nie