UN Tourism Launches Tourism Investment Guidelines for Namibia

UN Tourism has unveiled its Tourism Doing Business: Investing in Namibia guidelines, highlighting opportunities for international investors in the country’s growing tourism sector. The report underscores Namibia’s stable economy, rich cultural heritage, and diverse attractions, positioning it as a key destination for investment. In 2023, the tourism sector contributed 6.9% to GDP, generating USD 348 million in international receipts, with foreign direct investment surging to USD 2.61 billion. Namibia’s visitor numbers also grew significantly, with 863,872 international arrivals in 2023—an 87.4% increase from the previous year.
The guidelines were launched during a UN Tourism visit to Namibia, coinciding with the inauguration of H.E. Dr. Netumbo Nandi-Ndaitwah as the country’s first female president and the 35th Anniversary of Independence. During the visit, Secretary-General Zurab Pololikashvili emphasised Namibia’s commitment to sustainable tourism and investment, while also delivering a keynote address at the Namibia University of Science and Technology on leveraging technology to enhance the tourism sector across Africa.
Source: UNWTO