AGP Executive Report
Last update: 2 hours agoPublic Finances: Debt interest could absorb almost N$1 in every N$5 of government revenue in 2026/27, sharpening calls to ensure borrowing funds infrastructure and productive growth. Energy Investment: Dangote Industries says Namibia is a strategic target for its planned petroleum distribution network, potentially supplying markets including Botswana and South Africa; no specific Namibian investment has been confirmed. Agriculture: Namibia is seeking private investment to expand production and cut food imports, with officials saying the country produces only 4% of what it consumes. Economic Outlook: The IMF forecasts growth of 2% this year and 2.7% in 2027—above South Africa’s projection, but below the regional average. Mining: Output fell 4% month on month in August, led by a 12% drop in diamond production, while Deep Yellow postponed its Tumas uranium project investment decision amid difficult equity-market conditions. Livestock: Foot-and-mouth restrictions are squeezing meat vendors and threatening rural jobs and export earnings.
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