Search

IMF warns of rising risks to Namibia’s fragile recovery

Allen dreyfus Logo
© Allen Dreyfus
  • Growth slows to 3.7% as drought and falling diamond prices bite
  • Risks remain high despite green hydrogen and oil exploration hopes

The International Monetary Fund has raised concerns about Namibia’s economic trajectory, warning that rising external and domestic pressures could stall the country’s fragile recovery. In a statement on Tuesday following its latest consultation with authorities, the Fund said economic momentum had “weakened significantly” and pointed to mounting vulnerabilities tied to commodity shocks, climate volatility, and structural constraints.

You need an active subscription to continue reading this article.

Recent Business

Photo by Ahmed Ezzat @ Unsplash | Cairo, Egypt
Egypt seeks investors to unlock 7.3 million tons of gold reserves
Read More »
mining-excavator-1736293_1920
Ethiopia's gold exports get $1.84 billion boost from Tigray
Read More »
Photo by Maria Lupan @ Unsplash | Oil production
CEMAC export prices tumble as oil, gas and agriculture weaken
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »
Photo by Hassan Kibwana @ Unsplash | Kenya protest
Ruto allies vow to ‘rig’ Kenya 2027 election
Read More »
Photo by Aliaksei Lepik @ Unsplash Port
US, Russia jostle for influence at Togo’s growing seaport
Read More »

Latest Posts

Latest news insights