The Namibian government has announced that the Namibia Investment Promotion and Development Board (NIPDB) will now fall under the Ministry of International Relations and Trade, following a decision to restructure government offices to better align trade, investment, and diplomatic efforts.
President Netumbo Nandi-Ndaitwah made the announcement during the Invest in Namibia session in Luanda, Angola, on 24 June 2025.
“I have to inform you that when I took office on 21 March this year, I decided to restructure government offices for very good reasons.Today, Trade and Investment are under the Ministry of International Relations and Trade, where the Namibia Investment Promotion and Development Board falls,” she said.
Previously, the NIPDB operated directly under the Presidency and will now work closely with the Ministry to attract foreign direct investment, strengthen economic diplomacy, and support the development of trade and investment policies.
As part of the changes, the government has also placed the upstream oil and gas sector directly under the Office of the President, highlighting its strategic importance.
“While the upstream of oil and gas is placed in the Office of the President,” Nandi-Ndaitwah added.
The President stressed that Namibia remains committed to improving its investment climate. She noted that the Ministry of International Relations and Trade is in the final stages of preparing the Namibia Investment Promotion and Facilitation Bill, which is expected to provide a stronger legal framework to attract and retain both domestic and foreign investment.
“The Ministry of International Relations and Trade is working hard to finalise the Namibia Investment Promotion and Facilitation Bill, which should create an improved, enabling environment to attract, retain and facilitate investment in our country,” she said.
The new legislation is expected to play a key role in strengthening investor confidence and supporting the government’s economic growth plans.
