Trade and Business in Namibia

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

1. To analyze 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.

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

Doctorate (DIB): African Business, World Trade.

Masters (MIB): Business in Africa, International Business, Foreign Trade.

Course: Business in Southern Africa.

Learning materials in 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 (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. 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.

Trade Facilitation Programs

1. World Trade Organization (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 Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. International Bureau of Containers and Intermodal Transport (BIC);
4. International Civil Aviation Organization (ICAO, Chicago Convention);
5. International Maritime Organization (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 Organizations:

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 Organizations:

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 Organization (WIPO).
2. World Bank (WB);
3. International Monetary Fund (IMF);
4. World Custom Organization;
5. World Trade Organization (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 kilometers;
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 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.

Sample:
Foreign 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.

Sample:

Sample:

(c) EENI Global Business School (1995-2022)
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