Namibia ranked as Africa’s best performer in attracting Greenfield Foreign Direct Investment
- NIPDB
- 2 days ago
- 1 min read
Namibia has again punched above her weight and emerged as first in Africa and second overall in the 2025 reading of the Greenfield FDI Performance Index, FDI Intelligence announced this morning.
The Greenfield FDI Performance Index measures how effectively a country attracts greenfield FDI projects based on its economic size. This year, Namibia moved up 10 places from the previous year to claim the number one position on the continent.
Recent offshore oil discoveries have dramatically changed the country’s economic trajectory. Fields in Namibia’s offshore Orange Basin (where Total and Shell drilled multiple exploratory wells) hold 11bn barrels of light oil and 2.2tn cubic feet of natural gas reserves, according to the US International Trade Administration. That would put Namibia’s reserves on par with those of frontier oil sensation Guyana.
This is a significant achievement for Namibia, which highlights that the country’s collaborative efforts to improve the ease of doing business and create a conducive environment for investment is bearing fruit.
The Namibia Investment Promotion and Development Board (NIPDB) is proud to celebrate this achievement with our partners and stakeholders, and remain committed to unlocking opportunities that drive inclusive economic growth and improving the quality of life for all Namibians.
Read the full story here: https://www.fdiintelligence.com/content/38b3f6bb-d915-449e-9678-6ff17108f8e9
Comments