The Namibian government has intensified its efforts to capitalise on the upcoming oil and gas sector activities and current mining operations.

Namibia exported 504,014kg of beef to various destinations in February 2023, a decline compared to 675,513kg of beef exported during the same period in 2022.

The rising cost of living has hit occupancy figures of local guests at hospitality establishments from 55% last year to 31% in February, 2023.

Namibia's current economic framework is incapable of meeting the country's challenges, and analysts are concerned about the country's inability to gain traction in addressing issues such as poverty, unemployment, and inequality, among others.

Namibia plans to accelerate industrial development and job creation by capitalizing on the green hydrogen industry, as well as the sub-sectors of oil and gas, and enhancing agricultural production.