IMF projects Namibia’s GDP growth to slow to 3.6% in 2024

The International Monetary Fund forecasts that real GDP growth in Namibia will slow to 3.6% in 2024, owing to global macroeconomic headwinds and tight monetary conditions. The fund released its World Economic Outlook Update on 16 July 2024. Similarly, the African Development Bank forecasts a decline in GDP to 3.3% for both 2024 and 2025, driven by weak global demand and a contraction in agriculture.

Written by: Tonata Kadhila

Africa Agriculture Development Bank Economic Forecast GDP Growth Global Economy IMF International Monetary Fund Monetary Policy

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Namibia

Analab expands workforce with inauguration of new laboratory

By: Selma Taapopi Analytical Laboratory Services has expanded its operations and now employs approximately 34 staff members, about 60 percent of whom are young people, marking significant growth from the four staff employed when it was established in 1997. The increase in staff follows the inauguration of a new laboratory in Windhoek on Wednesday, which will complement […]

19 February, 2026