Namibia Explores Trade Agreements for Economic Growth

Namibia is actively pursuing economic diversification through trade agreements like the African Continental Free Trade Agreement and Economic Partnership Agreements. A research project by the Economic & Social Justice Trust is assessing how these agreements can drive industrialization and attract investment while addressing challenges such as infrastructure gaps, regulatory hurdles, and skills shortages. The Turst says initial findings highlight growth potential in renewable energy, green hydrogen, and agro-processing. However, strengthening the country’s industrial base and trade policies is essential for maximizing these opportunities.