Greenfield investments drive Namibia’s strong FDI performance

CHAMWE KAIRA

Among the major projects contributing to Namibia’s strong greenfield foreign direct investment (FDI) performance in 2025 was Nopal Carbon Farming, which invested approximately N$66 million towards large-scale carbon farming and biofuel production on degraded land.

The Kokoseb Gold Project also contributed significantly, attracting about N$381 million in investment as it advances one of Namibia’s promising new gold discoveries towards potential mine development.

Other notable investments included ISPS Solar Operations Namibia, which realised approximately N$180 million through the development of a 10.75-megawatt solar photovoltaic facility supplying clean energy to mining operations, while Kudu Biomass invested around N$120 million in a biomass processing facility that converts encroacher bush into sustainable biomass products.

The Namibia Investment Promotion and Development Board (NIPDB) said these projects support renewable energy development, environmental restoration and local value addition, while reinforcing Namibia’s position as an attractive investment destination.

The investments formed part of Namibia’s 16 greenfield FDI projects recorded in 2025, the country’s second-highest annual performance after the 19 projects attracted in 2024.

Namibia has retained its position as one of the world’s leading investment destinations, ranking second globally and first in Africa in the Intelligence Greenfield FDI Performance Index 2026.

The index assessed 98 countries based on their ability to attract greenfield FDI projects relative to the size of their economies.

Namibia achieved an index score of 7.74, ranking behind the United Arab Emirates, which topped the global rankings with a score of 19.21. Rwanda placed third with 6.99, followed by Qatar at 5.44.

Other African countries among the top performers included Zambia with a score of 4.05 and Botswana with 3.90.

Catherine Shipushu, acting executive for competitiveness and branding at NIPDB, said Namibia’s performance highlights the country’s growing visibility and competitiveness in the global investment landscape.

“This recognition further highlights the Government’s commitment to creating an environment where investors can confidently establish and grow their businesses while contributing to Namibia’s long-term economic development,” she said.

Greenfield FDI refers to investments where companies establish new operations, subsidiaries or facilities in another country without relying on existing infrastructure.

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