Foreign Investment

India’s Modi’s Visit Sparks Talks on Oil, Trade and Parliament Speech

India's Prime Minister Narendra Modi starts his state visit to Namibia today, aiming to seal new deals in trade, health, and education while addressing Namibia’s parliament. Officials say oil sector investment is high on the agenda, with economic analyst Salomo Hei weighing in on what the visit could mean.

9 July, 2025 24

Namibia

President Nandi-Ndaitwah calls for trust and speed in U.S.-Africa deals

President Netumbo Nandi-Ndaitwah has issued a strong call for quicker, more transparent business dealings between the U.S. and Africa. Addressing a high-profile panel on energy partnerships, President Nandi-Ndaitwah said American investors must accelerate project timelines and ensure that real social impact—like job creation and infrastructure improvements—reaches Namibian citizens. Without this, she cautioned, communities may lose faith in future collaboration. “Communities must see the benefits of these deals, not just promises. […]

24 June, 2025 12

Business / Economics

Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future

IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […]

12 May, 2025 25

Business / Economics

Nippon Steel and US Steel sue Biden Administration over blocked merger

Nippon Steel and US Steel are suing the Biden administration over the president's decision to block the Japanese company's proposed takeover of the American firm. This comes as US secretary of state Antony Blinken is visiting Japan. Rebecca Bundhun is our reporter from Tokyo.

7 January, 2025 65

South Africa

ActionSA Backs Mixed Economy to Boost Investment

ActionSA says it supports a thriving mixed economy in which the government plays its part by creating an enabling policy and safety environment to attract local and foreign direct investments. ActionSA president Herman Mashaba says the government cannot reasonably be expected to be the sole creator of mass employment. He says if properly enabled through appropriate legislation and, where necessary, incentives, a thriving private sector can contribute meaningfully to […]

6 January, 2025 37

Opinion Pieces

Namibia Economic Performance under H.E. Dr. Netumbo Nandi-Ndaitwah

Josef Kefas Sheehama As an independent economic and business researcher and board member of the African Council on Foreign Relations, I would like to celebrate Namibian history by extending my heartfelt congratulations to H.E. Dr. Netumbo Nandi-Ndaitwah, Namibia's first female president-in-waiting and therefore first female president of the Southern African Development Community (SADC). One must be familiar with Iceland's first female president, Vigdís Finnbogadottir, who was elected in 1980. […]

11 December, 2024 22 2

Business / Economics

EU Delegation Hosts Trade and Investment Workshop

The EU Delegation to Namibia held a workshop discussing EU-Namibia trade relations, presenting key findings from a study by economist Robin Sherbourne. The study showed the EU was Namibia's top foreign investor in 2023, contributing N$12.7 billion, with a diversified export mix including renewable energy projects. Ana Beatriz Martins is the EU Ambassador to Namibia: According to Salomo Hei, Managing Director of High Economic Intelligence, more funding should be directed […]

5 December, 2024 33

South Africa

South Africa’s Deputy President Outlines Steps to Boost Foreign Investment and Economic Reform

South Africa's Deputy president Paul Mashatile says the government has implemented several steps to stimulate foreign investment including simple tax rules, and a competitive regulatory framework. He answered questions in the National Assembly yesterday on a range of issues including the economy, the water crisis, and challenges in municipalities. Mashatile says the government of national unity intends to continue with fundamental economic reform and improve the business operating environment:

1 November, 2024 53

Uncategorized

World Bank approves $1.5 billion funding for Ethiopia

The World Bank pledged $16.6 billion of funding to Ethiopia over three years, providing a fillip to eastern Africa’s biggest economy as it restructures its debt and opens up the nation to foreign investors. Bloomberg Africa reports that the International Development Association’s assistance includes a $1 billion grant and a $500 million concessional loan to help the Horn of Africa nation strengthen its financial sector and improve fiscal transparency. According […]

31 July, 2024 25