ANNUAL REPORT

Unlocking Investment Opportunities for Inclusive Growth

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We are pleased to present the Annual Report of the Namibia Investment Promotion and Development Board (NIPDB) for the financial year ended 31 March 2025. This report provides an overview of the Agency’s performance during the year, highlighting key milestones achieved, challenges encountered, and the impact of our work in advancing Namibia’s economic development agenda.

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Now in its fourth year of operations, the NIPDB was established to support the Government's efforts to drive economic diversification and inclusive, private sector–led growth. This mandate is pursued by attracting and facilitating investment from both domestic and international investors, while coordinating and strengthening Micro, Small and Medium Enterprise (MSME) development across all sectors of the economy.

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As the central catalyst for investment and development, the NIPDB plays a convening role between the public and private sectors to unlock sustainable economic opportunities. These efforts are directed towards delivering tangible outcomes that address Namibia’s persistent socio-economic challenges, particularly unemployment, poverty and income inequality. Creating a conducive investment climate remains fundamental to achieving these objectives, and continued collaboration across Government and stakeholders is essential to sustaining progress.