NIPDB Transitions to Strategic Investment Approaches

Chief Executive Officer at Namibia Investment Promotion & Development Board (NIPDB), Nangula Uaandja, announces a transition to a proactive investment strategy, focusing on targeted global engagement.
16 January 2025
announcement

Windhoek — The Namibia Investment Promotion and Development Board (NIPDB) has transitioned to a proactive investment strategy, focusing on targeted global engagement. By carefully selecting international markets and partners, NIPDB has significantly enhanced its outreach, attracting 54 business delegations from key regions like Germany, UAE, and China in 2024. This shift ensures each mission is purpose-driven, aligning with Namibia's specific investment priorities for long-term growth.

In addition to attracting foreign investment, NIPDB has strengthened its support for local businesses, particularly MSMEs, through partnerships with organizations like Coca-Cola Beverages Africa Namibia and Sanlam Namibia. A notable success was the 3rd AU MSME Forum, which highlighted Namibia's growing entrepreneurial ecosystem and secured global recognition for the High Potential Pool program. These efforts demonstrate NIPDB's commitment to fostering a sustainable and inclusive economic environment.

These purpose-driven missions are designed to yield tangible results, including increased international delegations visiting Namibia, aligning with NIPDB's commitment to driving meaningful investment for sustainable economic growth.

Learn more in The Brief's recent publication Year in Review - Outlook 2025

AllAfrica publishes around 400 reports a day from more than 110 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.