DOING BUSINESS IN IN NAM NAMIBIA IBIA By D Dr. Mekon ondj djo Ka o Kaap apanda anda-Gi Girnus nus Co Commerci cial al Co Coun unsel sello lor
NAMIBIA AT A 2,5 MIO. SOUTHERN GLANCE AFRICA Independence: 21.3.1990 WINDHOEK ANGOLA, ZAMBIA, BOTSWANA, SOUTH AFRICA LANGUAGES 824.2 24.292 92 km 2 (English, Afrikaans, Oshiwambo, Otjiherero, Nama, Damara, German etc.) DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
THE ECONOMY AT T A G A GLA LANC NCE Curr Cu rrenc ency: y: Namibian Dollar (NAD); • pegged on a 1:1 basis against the South African Rand GDP: GD : US$ 15 billion • GDP per GD er capita: pita: US$ 5,931.5 • Inc ncome ome Level: vel: Upper Middle Income • Exp xpor ort t pr produ oducts: ts: diamonds, copper, • gold, zinc, lead, uranium, foods (e.g. fish, beer, meat, grapes), etc. Import port prod oduct ucts: s: petrochemical • products and fuels, machines and machine components, foods etc. DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
NAMIBIA: YOUR RELIABLE PARTNER IN AFRICA Political & Business Environment - Ranking in Africa SOUTH Index ANGOLA GHANA KENYA NIGERIA NAMIBIA AFRICA 45 6 11 33 7 4 Ibrahim Index of African Governance 2018 (54) 56 146 80 137 146 70 Corruption Perceptions Index - Transparency International 2019 (180) (6 in Africa) World Press Freedom Report – 23 106 30 103 115 31 Reporters Without Boarders 2020 (180) (1 in Africa) 94 136 111 95 116 60 Global Competitiveness Index – WEF 2019 (141) (9 in Africa) (35 in Africa) (12 in Africa) (10 in Africa) (16 in Africa) (2 in Africa) 11 45 17 4 21 6 Doing Business Report – World Bank 2020 (190) (in Africa) (in Africa) (in Africa) (in Africa) (in Africa) (in Africa) DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
ABUNDANT NA NATURA TURAL L RES RESOURCES OURCES 5th largest 12th largest diamond Significant copper, Also: gold, silver, semi-precious uranium producer in the world zinc, lead, rare stones, industrial minerals, salt, producer in the earths reserves fluorspar, manganese, granite, world marble etc. Off-shore gas field (1,4 Oil Exploration Among world’s leading Indigenous plants and fruits trillion cubic feet) fishing nations DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
THE POTENTIAL OF MARU MARULA LA DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
YOUR GATEWAY INTO SOUTHE SOU HERN RN AF AFRI RICA CA & & WORL ORLD D MAR MARKETS KETS 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 (AfCFTA) Preferential trade agreements • with the EU, USA, EFTA, MERCOSUR, AGOA DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
NAMIBIA HAS A MODERN & COMP OMPET ETIT ITIV IVE E TRA RANSPORT NSPORTATION TION IN INFRAS FRASTRUCT TRUCTURE URE OVERAL ERALL TRANS NSPORT PORT IN INFRASTRU ASTRUCT CTUR URE E IN IN AF AFRICA RICA RANK 7 QUALIT ITY Y OF ROADS ADS RANK 1 QUALIT ITY Y OF RAIL ILRO ROAD D IN INFRASTR ASTRUCTU UCTURE RE RANK 8 QUALIT ITY Y OF PORT RT IN INFRASTR ASTRUCTU UCTURE RE RANK 5 QUALIT ITY Y OF AIR IR TRANSPORT ANSPORT IN INFRASTRU ASTRUCT CTUR URE E RANK 8 Source: The Global Competitiveness Report 2019, World Economic Forum DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
TRANSPORT AND Excell Ex cellent ent tr transport ansport infr fras astructur ructure • INFRA INF RAST STRUCTURE RUCTURE High gh investments nvestments in roads, railway, airports, • harbours A str strong ong logi ogist stics ics branch anch with global players • (Deutsche Post DHL, Kuehne & Nagel) und local companies Air ir Na Namibia: mibia: Daily flights between Frankfurt • and Windhoek Direct Flights also with KLM, Qatar Airways, • South African Airways, Ethiopian Airlines, Eurowings DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
Only natural deep sea harbour along West • THE PORT OF African coastline Strategic location & direct access to • WAL ALVIS B VIS BAY principal shipping lines Efficient, high safety and security standards • Major shipping lines: MACS, Maersk, Ocean • Africa Containers Average transit time from Europe: ≈ 2 weeks • 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) • DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
LEGAL FRAMEWORK & SUPPORT NETWORK FO FOR R FO FORE REIG IGN N COMP OMPANI ANIES ES AND AND IN INVE VEST STORS ORS International business community • Foreign Investment Act (1990): • Advice and support from the Namibia • Equal treatment of national and • Investment Centre (NIC) foreign investors Also: Namibia Chamber of Commerce • Full protection of investment • and Industry (NCCI), Namibia Manufacturers‘ Association (NMA), No prescription of local • Namibia Logistics Association (NLA) participation Construction Industries Federation (CIF), Renewable Energy Industry Association 100% repatriation of profits • of Namibia (REIAoN). International accounting firms: PWC, EY, • Deloitte, KPMG DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
INTERNATIONAL COMPANIES IN IN NAM NAMIBI IBIA INVESTIEREN UND UNTERNEHMEN IN NAMIBIA
GROWTH AT HOME STRATEGY: TAR ARGE GETE TED D SE SECT CTORS ORS Chemical Industry Fish-processing Agro-processing Steel manufacturing Automotive Industry Jewellery Industry & metal fabrication Transport Equipment Mineral Beneficiation Green Economy Manufacturing Building Material Furniture Pharmaceuticals Cosmetics DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA
A WI A WIDE DE R RANG ANGE OF E OF IN INVES VESTME TMENT NT OP OPPOR PORTU TUNI NITI TIES ES IN NAMIBIA’S ECONOMIC SECTOR MINI NING NG & ENE NERG RGY MANUF NUFACTU CTURING RING & TRA RANS NSPORT PORT & LOGI GISTICS STICS PRO ROCESSING CESSING INF NFRAS RASTRUC RUCTURE TURE AGR GRIC ICUL ULTURE TURE / / TOUR URISM ISM AGR GRO-INDUST INDUSTRY RY INVESTING IN NAMIBIA DR. M. KAAPANDA-GIRNUS
SUC SUCCESS CESSFU FUL MAR L MARKET KET EN ENTR TRY Y ST STRA RATE TEGIES: GIES: PREPARATION MEETS OPPORTUNITY Use Namibia as entry point & test market • Innovate for local conditions: adapt • products or services to the needs of local Visit Namibia • customers Invest in local partnerships & build a local • Have a creative and flexible route to market • presence strategy: e.g. direct sales & partnerships with 3 rd party distributors, wholesalers and Use local talent & think regional • microentrepreneurs Become part of a national or regional vision • Participate in local trade fairs • Think regional • Offer after-sales service (repair and • Take advantage of economic agreements maintenance, spare parts, training etc.) • and growing trade corridors Be creative and flexible • Leverage first mover advantage • Don’t forget bottom of the pyramids • Take a long-term outlook customers/consumers • DR. M. KAAPANDA-GIRNUS INVESTING IN NAMIBIA •
The Perception Gap
Good per ersonal sonal se securit urity • AN EXCELLENT Pri rivate vate ho hosp spital itals s of international • QUALITY QU ALITY OF LIFE OF LIFE standards Renowned internation nternational al sc scho hools ols • Hi High gh qual uality ity ho housi using ng in urban • centres Rich cul ultu tural al diver iversity sity • Endless opportunities for sp spor orts ts • and nd rec ecrea eation tion Adventu venture e activi ivities: ties: • wildlife safari and hunting, fishing, quadbiking, sandboarding, 4 x 4 adventures etc.
NAMIBIA: AN ADVENTURER’S DRE DREAM AM TOP 10 REASONS TO INVEST IN NAMIBIA
SPECTECULAR LANDSCAPES & STU STUNNING NNING SAF SAFARI L ARI LODGES ODGES
RICH AND DIV DIVERSE ERSE WILDLIFE WILDLIFE TOP 10 REASONS TO INVEST IN NAMIBIA
THANK YOU @NamibiaUK www.namibiahc.org.uk Commer erci cial al Of Offic ice Nam amibian bian High gh Commiss mission ion 6 Chandos St., Marylebone London W1G 9LU United Kingdom |T: +44 (0)20 7636 6244 |E: mkaapanda@namibiahc.org.uk
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