The Ministry’s efforts are directed at four key activities:
- Investment promotion
- Promotion of Manufacturing activity
- Growth and diversification of Namibia’s exports and export markets
- Promotion of growth and development of small and medium enterprises
Why invest in Namibia?
Namibia is often described as Africa’s optimist –and with good reason. Not only does it enjoy one of the continent’s most pleasant, peaceful and politically stable environments, but also an infrastructure to rival many developed countries.
Namibia has an abundance of natural resources, among them, a wide range of mineral deposits including world class diamonds and uranium, copper, lead, zinc, gold, semi-precious stones, industrial minerals, salt and fluorspar.
Registering a Company
The mission of the division of the Registration of Companies and Close Corporation in the Ministry of Trade and Industry is to manage, regulate and facilitate the formation of business entities and to encourage investment through an appropriate legal framework and a conducive environment that ensures the flourishing of businesses.
An entrepreneur in Namibia can choose from a variety of business forms to conduct business.
Namibia has entered into numerous mutually beneficial bilateral trade agreements with other countries. The following is a list of some of the Reciprocal Promotion and Protection of Investment Agreements (RIPPA).
Namibia has entered into RPPA with fourteen countries. Twelve of the total amount of RPPAs has been ratified and two of them are yet to be ratified.