Namibia’s economy is navigating a phase of moderate growth amid global and domestic challenges. Real GDP growth slowed to an estimated 3.5–3.7% in 2024, impacted by weak global demand for key exports such as diamonds and severe drought conditions that depressed agricultural output. However, growth is expected to accelerate to around 4.0–4.5% in 2025 and 4.7% in 2026, driven primarily by a recovery in agriculture, a strong mining sector buoyed by favorable uranium and gold prices, and improving activities in tourism and trade sectors. Inflation has moderated to approximately 4.2–4.6% and is projected to remain within the Central Bank’s target...