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Namibia risks 22,000 jobs without unlocking N$15bn in investment

By , based on Windhoek Observer

Namibia risks 22,000 jobs without unlocking N$15bn in investmentIllustrative image · Ömer Gülen · Pexels · Licence Pexels

Namibia has 15 billion Namibian dollars in investment held up by administrative bottlenecks, while a pipeline of 94 projects could create around 22,000 jobs. An October 2026 briefing to Prime Minister Elijah Ngurare highlights these obstacles as several economic bills remain pending in Parliament, according to information on government efforts to facilitate investment.

Namibia is seeking to unlock 15 billion Namibian dollars in investment projects held up by administrative and regulatory obstacles, according to a briefing presented in October 2026 to Prime Minister Elijah Ngurare by the Minister of International Relations and Trade, Selma Ashipala-Musavyi. A wider pipeline of 94 projects could generate around 22,000 additional jobs.

Fifteen projects have been identified as facing specific bottlenecks. Meanwhile, 27 projects have become operational over the past three years, creating around 6,600 jobs. These figures are part of President Netumbo Nandi-Ndaitwah’s target of creating 500,000 jobs by 2030.

Several bills that could affect investment are at different stages of parliamentary consideration, including bills on investment promotion, land, public enterprises and international trade. The proposed framework for special economic zones could also support manufacturing and mineral processing.

This initiative follows the assessment of the 8.5 billion Namibian dollars in investment, which the country was reviewing on 22 October. On 2 November, Namibia also recorded 66.85 billion Namibian dollars in investment for 28 projects.

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