Doing Business in Namibia

The objectives of the subject “International Trade and Business in the Republic of Namibia” are the following:

1. To analyze the Namibian Economy and Global Trade;
2. To know the business opportunities in the Republic of Namibia;
3. To explore the Namibian trade relations with the country of the student;
4. To know the Namibian Trade Agreements;
5. To develop a business plan for the Namibian Market.

The Subject “Foreign Trade and Business in Namibia” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Masters: Business in Africa, International Business, Foreign Trade.

Course: Business in Southern Africa.

Languages: or Namibie Namibia Namibia.

1. Credits of the subject “Foreign Trade and Business in Namibia”: 1 ;
2. Duration: one week.

1. Port of Walvis Bay;
2. Logistics Corridors in Namibia: Walvis Bay, Trans-Oranje, Trans-Caprivi, and Trans-Cunene;
3. Tripoli-Windhoek Corridor.

Namibian Free Trade Agreements and preferential access:

1. Namibia and the Southern African Economic Area;
2. SADC
   1. European Union-SADC Free Trade Agreement.
3. COMESA-EAC-SADC Tripartite Agreement;
4. African Continental Free-Trade Area;
5. Southern African Customs Union (SACU)
   1. India-Southern Africa Customs Union (SACU) Agreement;
   2. EFTA-Southern African Customs Union (SACU) Free Trade Agreement;
   3. UK-SACU and Mozambique Economic Partnership Agreement;
   4. MERCOSUR-Southern African Customs Union (SACU) Preferential Trade Agreement.
6. Namibia-Zimbabwe Free Trade Agreement;
7. Namibia-EU
   1. Africa-European Union Strategic Partnership (Cotonou Agreement);
   2. Generalized System of Preferences (EU-GSP).
8. African Growth and Opportunity Act (AGOA) (US);
9. International Conference on the Great Lakes Region (ICGLR) - Guest Member.

1. WTO
   1. Agreement on Trade in Services (GATS);
   2. Agreement on the Application of Sanitary Measures;
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Revised Kyoto Convention.
3. International Bureau of Containers and Intermodal Transport (BIC);
4. Chicago Convention (ICAO);
5. International Maritime Organization (IMO)
   1. Istanbul Convention - not a member.
6. Customs Convention on Containers - not a member.

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union
   1. AU Convention on Combating Corruption;
   2. AUDA-NEPAD.
3. African Development Bank;
4. Africa-Asia Partnership;
5. China-Africa Cooperation;
6. Africa-India Cooperation;
7. Africa-BRICS;
8. Africa-Turkey Partnership;
9. Africa-Korea Partnership;
10. Africa-Japan Cooperation;
11. Africa-South America Summit;
12. Afro-Arab Cooperation;
13. Arab Bank for Economic Development in Africa (BADEA).

Global Economic Organizations:

1. UN
   1. UNCTAD;
   2. ITC;
   3. UNCITRAL;
   4. WIPO.
2. WB;
3. IMF;
4. World Custom Organization;
5. WTO;
6. Multilateral Investment Guarantee Agency (MIGA);
7. Commonwealth of Nations;
8. African, Caribbean and Pacific Group (ACP) countries;
9. Community of Portuguese Speaking Countries (observer country).

The Republic of Namibia

1. Namibia (Africa) shares borders with Angola, Zambia, Botswana, and South Africa;
2. Namibian Government: Multiparty Parliament with Democratic Constitution;
3. Official language of Namibia: English;
4. Other Namibian languages: Afrikaans, Herero, Lozi, Kwangali, Oshiwambo, and Tswana;
5. Capital of Namibia: Windhoek;
   1. Walvis Bay;
6. Namibian Population: 2.6 million people
7. Namibian Area: 825,615 km²;
8. Independence of Namibia from South Africa in 1990;
9. Currency of Namibia: Namibian Dollar (ET) and South African Rand (ZAR).

More information about Namibia (EENI African Business Portal).

Main religions in Namibia:

1. Christianity (90% of Namibian population);
2. African Traditional Religions.

Namibia belongs to the Southern African Economic Area (African Civilization).

Economic Profile of Namibia:

1. Free market economy;
2. Namibian GDP: 12.30 billion dollars;
3. GDP growth rate: 4.2%;
4. Top Namibian economic sectors: agriculture (7% of the GDP), industry (20%), and services (73%);
5. Namibian Inflation: 5.6%;
6. Top Namibian exports: diamonds, minerals, fish, meat, livestock;
7. Top Namibian export markets: South Africa, the UK, Angola, Spain, France, Switzerland, the U.S., and Canada;
8. Top Namibian imports: food and beverages, vehicles, and machinery;
9. Top Namibian providers: South Africa, Germany, India, China, Japan, the U.S., and France;
10. Principal resources of Namibia: diamonds, cattle, uranium, fish, and marine products.

Global Trade and Business in Namibia:

The Walvis Bay Corridor is a PPP (Public Private Partnership) composed by four trans-corridors (Caprivi, Kalahari, Cunene and Orange) and the port of Walvis Bay. One of the objectives of this corridor is to create a transport hub in the Southern African Development Community (SADC) region.

(c) EENI Global Business School (1995-2023)
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