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Namibia’s growth rebound masks cracks in mining engine

Truck at a mining site. Photo by Robert So @ Pexels
Truck at a mining site. Photo by Robert So @ Pexels

Justice Nwafor

Justice Nwafor is an award-winning journalist covering finance, energy, climate, and economic development across the region.
  • GDP expanded 4.8% as agriculture, consumption and investment rebounded.
  • Mining weakness and surging imports expose risks beneath the recovery.

 

WINDHOEK, NAMIBIA – Namibia’s economy grew 4.8% in the second quarter, its fastest pace since early 2023, as agriculture and household spending powered a broad domestic rebound.

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