Chamwe Kaira
Namibia placed roughly in the middle of the global rankings in the Annual Survey of Mining Companies 2025 conducted by the Fraser Institute. The country’s overall investment attractiveness score was about 52.6, placing it 59th out of 84 jurisdictions assessed.
The survey evaluates mining destinations worldwide based on mineral potential and policy attractiveness as perceived by mining executives.
The results place Namibia in the middle of the global rankings. The survey notes that while the country has strong geological potential, policy concerns are affecting investor confidence.
Mining executives who participated in the survey raised several issues related to the policy environment.
One concern cited was a proposal referenced in Namibia’s sixth national development plan (NDP6) suggesting that new mining projects should have 51% Namibian ownership.
According to one company president quoted in the survey, such a requirement could act as a deterrent to foreign investment in exploration projects.
Industry respondents also pointed to uncertainty around several new or proposed laws affecting the sector.
These include the new Water Act, the environmental management framework and proposed minerals legislation.
Executives said these regulatory developments, together with statements from policymakers, have created uncertainty about the direction of the mining sector.
Despite these concerns, the survey notes that Namibia continues to benefit from strong mineral potential.
The country hosts major mining operations in uranium, diamonds, gold and base metals.
These resources continue to support Namibia’s position as one of Africa’s established mining jurisdictions.
Mining remains one of the country’s key economic sectors. It contributes to exports, government revenue and employment.
The Fraser Institute said Namibia could improve its position in future surveys if policy concerns are addressed and regulatory clarity is strengthened.
