INVESTING & DOING BUSINESS IN NAMIBIA
By Dr. Mekondjo Kaapanda-Girnus
Commercial Counsellor
SOUTHERN AFRICA
824.292 km2
ANGOLA, ZAMBIA, BOTSWANA, SOUTH AFRICA
2,2 MIO.
LANGUAGES
(English, Afrikaans,
Oshiwambo, Otjiherero,
Nama, Damara, German
etc.)
WINDHOEK
Independence: 21.3.1990
NAMIBIA AT A GLANCE
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
NAMIBIA: YOUR RELIABLE PARTNER IN AFRICA Political & Business Environment - Ranking in Africa
INVESTING IN NAMIBIA
Index NAMIBIA ANGOLA GHANA KENYA NIGERIA SOUTH
AFRICA
Ibrahim Index of African Governance 2017 (54)
5
45
8
13
35
6
Corruption Perceptions Index – Transparency International 2017 (180)
53 (5 in Africa)
167 81 143 148 71
World Press Freedom Report – Reporters Without Boarders 2017 (180)
24 (1 in Africa)
125 26
95 122 31
Global Competitiveness Index – WEF 2017/18 (140)
90 (7 in Africa)
- 111 (15 in Africa)
91 (8 in Africa)
125 (27 in Africa)
61 (3 in Africa)
Doing Business Report – World Bank 2018 (190)
11 (in Africa)
44 (in Africa)
14 (in Africa)
4 (in Africa)
24 (in Africa)
6 (in Africa)
DR. M. KAAPANDA-GIRNUS
NAMIBIA'S ECONOMY: STABLE GROWTH
Key Drivers of Growth
• Urbanisation
• Natural Resources
• Industrialisation & Diversification
• Regional Integration
• Private Sector Development
• Government Policies
GDP-GROWTH (CHANGE IN %)
Source: IMF 7/2016; Economist Int. Unit 9/2016:
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
ABUNDANT
NATURAL RESOURCES
5th largest
uranium producer
in the world
12th largest diamond
producer in the world
Also: gold, silver, semi-precious
stones, industrial minerals, salt,
fluorspar, manganese, granite,
marble etc.
Significant copper,
zinc, lead reserves
Off-shore gas field (1,4
trillion cubic feet)
Oil Exploration
Among world’s leading
fishing nations Indigenous plants and fruits
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
THE POTENTIAL OF
MARULA
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• Strategic geographic location
• Excellent infrastructure
• Member of SACU & SADC
• Regional market: 300 million
consumers in SADC
• Market potential 2050: 2.1 billion
people in Africa
• Preferential trade agreements with
the EU, USA, EFTA, MERCOSUR
YOUR GATEWAY INTO
SOUTHERN AFRICA &
WORLD MARKETS
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
NAMIBIA HAS A MODERN &
COMPETITIVE TRANSPORTATION INFRASTRUCTURE
OVERALL TRANSPORT INFRASTRUCTURE IN AFRICA RANK 4
QUALITY OF ROADS RANK 1
QUALITY OF RAILROAD INFRASTRUCTURE RANK 5
QUALITY OF PORT INFRASTRUCTURE RANK 1
QUALITY OF AIR TRANSPORT INFRASTRUCTURE RANK 8
Source: The Global Competitiveness Report 2017-2018, World Economic Forum
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
TRANSPORT AND
INFRASTRUCTURE
• Outstanding transport infrastructure
• High investments in
roads/railway/airports/harbours
• A booming logistics branch with global
players (Deutsche Post DHL, Kuehne &
Nagel) und local companies
• Air Namibia: Daily flights between Frankfurt
and Windhoek
• Direct Flights also with Condor, Eurowings,
KLM, Qatar Airways, South African Airways
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
THE PORT OF
WALVIS BAY
• Only natural deep sea harbour along West
African coastline
• Strategic location & direct access to principal
shipping lines
• Efficient, high safety and security standards
• Major shipping lines: MACS, Maersk, Ocean
Africa Containers
• Regional connectivity through Walvis Bay
Corridors
• Walvis Bay Serves:
• Angola (3-5 days)
• Botswana (2 days)
• DRC (5-6 days)
• South Africa ( 2 days)
• Zambia (3-4 days)
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
A WELCOMING LEGAL &
POLICY FRAMEWORK FOR
INVESTORS
• International business community
• Advice and support from the Namibia
Investment Centre (NIC) & Offshore
Development Company (ODC)
• Also: Namibia Chamber of Commerce and
Industry (NCCI), Namibia Manufacturers‘
Association (NMA), Construction Industries
Federation (CIF), Renewable Energy
Industry Association of Namibia (REIAoN),
Development Bank of Namibia (DBN) etc.
• Foreign Investment Act (1990):
• Equal treatment of national and
foreign investors
• Full protection of investment
• No prescription of local participation
• 100% repatriation of profits
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
GENEROUS INCENTIVES:
WE ROLL OUT THE RED
CARPET FOR INVESTORS INCENTIVES UNDER THE EPZ REGIME
• Freedom of location
• EPZ enterprises are exempted from:
• Corporate income tax
• Duties and value-added tax (VAT) on machinery, equipment and raw materials imported into Namibia for manufacturing purposes
• The only taxes payable are personal income tax on employees' income as well as the 10% withholding tax (non-resident shareholders) on declared dividends
• No time-bound incentives
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
INVESTING IN NAMIBIA
INTERNATIONAL
COMPANIES
IN NAMIBIA
DR. M. KAAPANDA-GIRNUS
SUCCESS STORY
ROLLS ROYCE MARINE
SERVICE CENTRE
INVESTING IN NAMIBIA
Development of shipyard repair and
overhaul workshop in Walvis Bay in
collaboration with Elgin Brown & Hamer
(EBH) Namibia
Utilises strategic location of Walvis Bay
port & proximity to key trading routes
Serves companies operating off the West
African coast, one of the world’s fastest
growing areas for oil and gas activity
DR. M. KAAPANDA-GIRNUS
SUCCESS STORY
OHORONGO CEMENT
Investment of EUR 250 Million
Production capacity of 700 000 tonnes
p.a.
300 direct and 2 000 indirect jobs
Infrastructure development (buildings,
roads, etc.): about 12% of the total
investment by local Namibian companies
Use of alternative fuels: “invader bush"
(Biomass)
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
SUCCESS STORY
RHEINLAND AIR SERVICE
2013: Acquisition of subsidiary, Aviation
Center at Eros Airport, Windhoek
MRO services (i.e. Maintenance, Repair
and Overhaul) for regional Airlines
Customers: Air Botswana, SOLENTA
(South Africa), Air Kasai (Democratic
Republic of Congo), and Fly 540 (Kenya)
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
SUCCESS STORY
CRONIMET
• Build Namibia’s first utility-scale ground
mounted photovoltaic (PV) plant (4.5MW) in
Omburu in 2014
• Awarded tenders to develop 3MW and
6,4MW solar power plants for ErongoRed
and CenoRed respectively.
• Installation of solar power plants at
Midgard Country Lodge and Mokuti Lodge
in Etosha
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
SUCCESS STORY
MYEISHA
INVESTING IN NAMIBIA
Myeisha creates high-end leather bags,
which are made predominantly from
Namibian and African leathers and
locally sourced materials
Bags are handcrafted by women under
two brands, “iNAMi” and “Myeisha”
Sold in Namibia and Germany
DR. M. KAAPANDA-GIRNUS
NAMIBIA PRESS & TOOLS
SUPPLIES LEADING BRANDS
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
GROWTH AT HOME STRATEGY:
TARGETED SECTORS
INVESTING IN NAMIBIA
Steel manufacturing &
metal fabrication
Transport Equipment
Building Material
Automotive Industry
Mineral Beneficiation
Furniture
Jewellery Industry
Manufacturing
Cosmetics
Chemical Industry
Green Economy
Pharmaceuticals
Fish-processing
Agro-processing
DR. M. KAAPANDA-GIRNUS
• Exploration, prospecting, mining and beneficiation
• Oil und gas exploration
• Hydro-power, wind, solar, biomass power generation
• RE systems for self-supply (e.g. for commercial
enterprises, industry, private households, agricultural
enterprises, including water pumps, tourism sector,
mining etc.)
• RE mini grids for rural electrification (for REDs or
municipalities)
• RE-Plant > 1 MW bis < 5 MW ( implementation via
REFiT Programm)
• RE large-scale plants > 5 MW (for Nampower through
public tenders / competitive bidding)
MINING AND ENERGY
INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• Processing of fruits, vegetables, fish & beef
• Automotive parts and components
• Fertiliser and petrochemicals
• Wood processing and furniture making
• Pharmaceuticals
• Assembling of electronic devices &
components
• Steel and glassware manufacturing
• Production of textiles and garments
• Manufacturing of leather products (footwear,
clothing, upholstery, etc.)
MANUFACTURING & PROCESSING
INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• High demand for transport and logistics
services (e.g. road, air and ocean freight
solutions, project business, domestic
forwarding and customs clearance)
• Customized logistics solutions for sectors
such as mining, agriculture, health care, oil
and gas industries, etc.
• Training and education in logistics sector
• Upgrade & expand rail infrastructure
• Customized logistics innovations for rural
areas
• Establishment of large logistics parks
TRANSPORT & LOGISTICS
INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• Infrastructure for retail, wholesale and trading
sectors (e.g. shopping malls, supermarkets,
business premises etc.)
• Mass Housing Programme (185 000 homes)
• Port of Walvis Bay expansion
• Walvis Bay SADC Gateway Port (north of
Walvis Bay)
• Expansion of airport capacity
• Ship repair yards
• Dry bulk terminals, car-loading terminals
• Storage facilities, in particular cold storage
facilities
• Industrial parks
INFRASTRUCTURE INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• Environmentally friendly irrigation
techniques
• Cultivation of fruits and vegetables
• Meat, fish, fruits and vegetable
processing
• Expansion of the food industry
• Processing of caracul wool, cattle
leather and wild silk
• Customized agricultural machinery &
equipment
• Cooling rooms, maturation rooms,
testing laboratories
• Agricultural training centres
ANGRICULTURE/ ARGO-INDUSTRY
INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
• Lodges, hotels, restaurants
• Hotels, motels, restaurants, petrol stations
and car service facilities along major
highways
• Car hire
• Adventure tourism/activities
• Sport tourism (both leisure and professional,
e.g. iron man, extreme marathons etc.)
• Facilities for medical and recuperation tourism
• Conferencing facilities for business tourism
• Cultural tourism & JVs with conservancies
• Training facilities in hotel industry, tourism
industry or gastronomy industry
TOURISM INVESTMENT OPPORTUNITIES
INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
The Perception Gap
COMMERCIAL OFFICE EMBASSY OF THE REPUBLIC
OF NAMIBIA
Reichsstraße 17
14052 Berlin
Tel +49 30 263 900 12
Fax +49 30 254 095 55
Invest_Namibia
www.invest-namibia.de
THANK YOU
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