Namibia's informal economy now contributes 26.5% to the country's gross domestic product (GDP), representing approximately US$13 billion at GDP purchasing power parity (PPP) levels for 2025.

WINDHOEK, Nov. 13 (Xinhua) -- Namibian President Netumbo Nandi-Ndaitwah on Thursday pledged to double the creative sector's contribution to the country's gross domestic product (GDP) from 1.5 percent ...

The agreement paves the way for major projects across energy, cement and fertiliser production, and infrastructure ...

John Steytler Namibia is at the precipice. The numbers are stark, the trends alarming, and the urgency undeniable. According to Cirrus Capital’s Robert McGregor, the number of individuals identifying ...

Namibia's Minister of Works and Transport, and Zhao Weiping, Chinese Ambassador to Namibia, attend a ribbon-cutting ceremony ...

Aug 28 (Reuters) - The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its biggest annual ...

Following several offshore oil discoveries in recent months, Namibia hopes that the major oil finds could help it double its economy in the next two decades, the head of the National Petroleum ...

Namibia's young population, rich resources and strategic location offers us the chance to reshape our economic future but only if we work smart, act fast and innovate boldly.In a rapidly changing ...

Tourism is regarded as one of Namibia's key economic sectors that can diversify the economy and create employment, but due to the apartheid legacy the sector is highly dominated by the white minority.

JOHANNESBURG, Sept 30 (Reuters) - Namibia's economic fundamentals remain sound, but the recovery may be negatively affected by lower global demand, said central bank deputy Governor Paul Hartmann.