Business in Namibia, Windhoek

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

1. To analyse the Namibian Economy and Foreign Trade (Import, Export, FDI)
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 Free Trade Agreements
5. To develop a business plan for the Namibian Market

Namibian Free Trade Agreements (FTA) and preferential access:

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

Trade Facilitation Programs

1. World Trade Organisation (WTO)
   1. WTO General Agreement on Trade in Services (GATS)
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
   3. WTO Agreement on Technical Barriers to Trade (TBT)
   4. WTO Agreement on Preshipment Inspection (PSI)
   5. WTO Agreement on Safeguards (SG)
   6. WTO Trade Facilitation Agreement (TFA)
2. World Customs Organisation (WCO)
   1. Revised Kyoto Convention (RKC)
3. International Bureau of Containers and Intermodal Transport (BIC)
4. International Civil Aviation Organisation (ICAO, Chicago Convention)
5. International Maritime Organisation (IMO)
   1. Convention Relating to Temporary Admission (Istanbul Convention) - not a member
6. Customs Convention on Containers (CCC, UN) - not a member

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption
   2. African Union Development Agency (AUDA-NEPAD)
3. African Development Bank (AfDB)
4. Africa-Asia Strategic Partnership (NAASP)
5. Forum on China-Africa Cooperation
6. Africa-India Framework for Cooperation
7. Africa-BRICS (Brazil, Russia, India, China, South Africa)
8. Africa-Turkey Partnership
9. Africa-Korea Partnership
10. Africa-Japan Cooperation (TICAD)
11. Africa-South America Summit (ASA)
12. Afro-Arab Cooperation
13. Arab Bank for Economic Development in Africa (BADEA)

Global Economic Organisations

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. Commission on International Trade Law (UNCITRAL)
   4. World Intellectual Property Organisation (WIPO)
2. World Bank (WB)
3. International Monetary Fund (IMF)
4. World Custom Organisation
5. World Trade Organisation (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
6. Namibian Population: 2.6 million people
   1. Bantu
7. Namibian Area: 825,615 square kilometres
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 Portal).

Main religions in Namibia:

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

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

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 United Kingdom, Angola, Spain, France, Switzerland, the United States, and Canada
8. Top Namibian imports: food and beverages, vehicles, and machinery
9. Top Namibian providers: South Africa, Germany, India, China, Japan, the United States, and France
10. Principal resources of Namibia: diamonds, cattle, uranium, fish, and marine products

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.