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
