Nam’s investment appeal tarnished
Jo-Maré Duddy – Namibia has lost appeal for mining companies looking to invest in Africa, according to the latest report by the Fraser Institute, one of the top 15 think-tanks worldwide.
Namibia ranks eight in Africa on Fraser’s 2020 Investment Attractive Index, down from fifth place in 2019.
In 2019, Fraser’s top ten countries in Africa were: 1. Guinea; 2. South Africa; 3. Botswana; 4. Burkina Faso; 5. Namibia; 6. Zimbabwe; 7. Mali; 8. Democratic Republic of Congo; 9. Zambia; and 10. Tanzania.
The top ten in 2020 were: 1. Botswana; 2. Mali; 3. Ghana; 4. Guinea; 5. Mauritania; 6. Mozambique; 7. Zambia; 8. Namibia; 9. Burkina Faso; and South Africa.
Namibia scored 59.72 points out of a possible 100 on the index, up from 58.22 in 2019.
Its global ranking is 52nd out of 77 countries. In 2019, Namibia ranked 55th out of 76 countries worldwide.
Namibia ranks eight in Africa on Fraser’s 2020 Investment Attractive Index, down from fifth place in 2019.
In 2019, Fraser’s top ten countries in Africa were: 1. Guinea; 2. South Africa; 3. Botswana; 4. Burkina Faso; 5. Namibia; 6. Zimbabwe; 7. Mali; 8. Democratic Republic of Congo; 9. Zambia; and 10. Tanzania.
The top ten in 2020 were: 1. Botswana; 2. Mali; 3. Ghana; 4. Guinea; 5. Mauritania; 6. Mozambique; 7. Zambia; 8. Namibia; 9. Burkina Faso; and South Africa.
Namibia scored 59.72 points out of a possible 100 on the index, up from 58.22 in 2019.
Its global ranking is 52nd out of 77 countries. In 2019, Namibia ranked 55th out of 76 countries worldwide.
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