11
Mar
Chamwe Kaira Namibia aims to increase foreign direct investment and expand export markets over the next five years under targets set in the medium-term expenditure framework for the Ministry of International Relations and Trade. The plan outlines a steady rise in foreign direct investment inflows. Annual FDI is expected to reach N$207 billion in the 2024/25 financial year. It is projected to increase to N$223.6 billion in 2025/26, N$236.9 billion in 2026/27, N$246.4 billion in 2027/28 and N$251.3 billion by 2028/29. The government also plans to increase the number of Namibian businesses accessing export markets. The share of firms receiving…
