Namibia is an ideal investment destination in Africa, known for its transparent business environment.
It has a stable democracy, an independent legal system, good transport infrastructure, and access to water and power. This, plus a long-established mining code, makes it well-suited for the mining industry.
Namibia’s Damara Belt is an African metallogenic jewel, with a wealth of mining history and regional geological information. The area has huge unexplored potential.
Mining is the significant contributor to Namibia’s economy, in terms of revenue – accounting for 25% of the country’s income. We are proud to be a contributor through our four mining and exploration assets in the Erongo region.
Democratic government
Independent legal system
Supportive mining legislation
Major minerals: diamonds, uranium, gold
Erongo region endowed with critical metals
Literacy rate at 94%^1
Female literacy rate at 96%^1
Male literacy rate at 92%^1
4.6%^2 real increase in GDP: 2022
3.5%^2 – 2.8%^3 real increase in GDP: f2023
3.0%^2 real increase in GDP forecast: f2024
Sources: ¹ UNESCO; Institute of Statistics 2013; ² African Development Bank; ³ International Monetary Fund
We at Andrada Mining Limited join fellow Namibians in mourning the passing of His Excellency Dr. Sam Shafiishuna Nujoma, the Founding President of the nation. His visionary leadership, unwavering dedication, and tireless efforts shaped the Namibia we know today—one built on freedom, unity, and progress. Dr. Nujoma not only led Namibia to independence but also played a pivotal role in the development of key industries, including mining. His leadership laid the groundwork for a mining industry that continues to support employment, infrastructure development, and national prosperity. His legacy of resilience and forward-thinking leadership will continue to inspire us as we work toward a sustainable and prosperous future.
During this time of national mourning, we extend our deepest condolences to the Founding First Lady of the Republic of Namibia, Her Excellency Kovambo Nujoma, the rest of the Nujoma and Kondombolo families, and all Namibians.
May we carry forward his vision, and may his soul rest in eternal peace.
Chief Executive Officer
ANDRADA MINING LIMITED
9 February 2025