focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Country at a Glance
Namibia

Region
Southern Africa

Country
Namibia

Country Head
President HIFIKEPUNYE POHAMBA

Capital
Windhoek

Population
2,108,665(UN 2008)

GDP(PPP)
$13.49 Billion (2008 est.)

GDP Per Capita
$6,500 (2008 CIA est.)

Main Language
English(official),Afrikaans

 

Namibia

Namibia is situated at the southern part of the continent of Africa with a total area of 824,292 sq km. The Land Boundaries stretches to nearly 3,936 km and the costal line stretches to nearly 1,572 km. Namibia is surrounded by South Africa, Botswana, Angola and Zambia. The country is further divided into 13 provinces namely Erongo, Hardap, Karas, Khomas, Kunene, Liambezi, Ohangwena, Okavango, Omaheke, Omusati, Oshaha, Oshikoto and Otjozondjupa.   

Economy of Namibia is largely dependent on mineral exports. Mining contributes almost 20% of the GDP (Gross Domestic Product) of Namibia. Namibia is one of the leading exporters of non-fuel minerals in Africa and is a leading producer of diamonds, uranium, lead, zinc, tin, silver, and tungsten in Africa. The mining sector in Namibia is generating the maximum foreign-exchange earnings for the country.

Most of the people in Namibia are directly or indirectly involved with agricultural sector. Agricultural sector can be defined as the most important sector in Economy of Namibia, creating most of the job opportunities in the country. In 2004, agricultural sector contributed 8.4% of the overall GDP of Namibia and in 2007 it contributed 11.3% of the overall GDP of the country. Major agricultural products include livestock’s, and food crops like maize, millet sorghum, peanuts etc.

Namibia in fishing holds quite a high rank in the global fishing industry. The majority of species of fish are supplied by the Namibia Fishing Industry which include horse mackerel, hake, pilchard, oysters, mussels etc.

The best prospects for investors in Namibia lie in the following sectors like- Mineral prospecting, exploration and processing, Textiles and garments, Port and harbor infrastructure and facilities, Pharmaceuticals, Aquaculture and mariculture etc.

Sector Profiles/Investment Opportunities Detail

SECTOR PROFILES

The Namibian economy is heavily dependent on the extraction and processing of minerals for export. Mining and quarrying accounts for 13.2% of GDP.A GDP which is relatively high for this region, hides the world's worst inequality of income distribution...............Read More

 

INVESTMENT OPPORTUNITIES

Namibia is an independent and is a democratically governed republic situated in the South- western coast of Africa. The Namibian government in the year 2008 launched a medium term economic plan called the Third Development Plan (NDP3).The plan covers a period of 4 years (2008 – 2012) and aims to transform Namibia into an industrialized nation by 2030...............Read More

 

 

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Apex Bodies

Ministry of Trade and Industry

Namibia Chamber of Commerce and Industry

 

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Trade Fairs

IIR's Company Secretaries (COSECs) Namibia

OATF - Ongwediva Annual Trade Fair

WINDHOEK SHOW - Windhoek Agricultural and Industrial Show

 

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Useful Information

Government Website

Namibia Investment Centre: http://www.mti.gov.na/subpage.php?linkNo=12

National Industry Chambers

National Chamber of Commerce and Industry : ncci@iafrica.com.na

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Mauritius Times

Ile Mauricie

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