Government has put more than 12,700 metric tonnes of fishing quotas up for auction, as it moves to extract greater economic value from Namibia’s marine resources.
The Ministry of Finance has invited bids for 1,719.69 metric tonnes of hake and 11,037.11 metric tonnes of horse mackerel under Section 3(3) of the Marine Resources Act.
“The Ministry of Finance hereby invites bidders to bid for 1,719.69 metric tonnes (MT) of hake and 11,037.11 metric tonnes (MT) of horse mackerel,” the ministry said.
The quota sale is expected to attract strong interest from both local and international operators, as Namibia continues to position itself as a leading fisheries player in the region.
The move comes as government pushes to scale up returns from the sector, backed by a proposed N$1.027 billion budget allocation for water and marine resources.
Namibia’s fisheries sector recorded inland landings of about 3,000 metric tonnes valued at N$240 million in 2025, with authorities now seeking to strengthen sustainability, enforcement and revenue generation.
Government has also introduced a performance-based scorecard for fishing rights holders, which will be used to assess compliance and guide future quota allocations.
At the same time, Namibia has retained its Marine Stewardship Council certification, reinforcing its standing in global markets and supporting continued access to export destinations.
All marine surveys and stock assessments for the 2025/26 financial year have been completed, providing the data needed to set total allowable catches and guide future quota decisions.
