Agriculture is not just a means of production but a pathway to prosperity for about seventy percent of the Namibian population. 
 
Addressing the 25th Bank of Namibia Annual Symposium, Minister of Agriculture, Water, and Land Reform Carl Schlettwein pointed out the need for Namibia to actively harness opportunities in global value chains to exploit potential in the agriculture sector.

Given that trade and investment policy reforms, along with improvements in logistics, customs, intellectual property protection, infrastructure, and institutions, are vital for participating in global value chains, Schlettwein recommends that these elements form the foundation for Namibia's agricultural sector to engage effectively in these chains.

Outlining the key fundamentals for Namibia's agricultural sector to succeed, Schlettwein highlighted the need to recognize agriculture as a national priority, calling for increased budget allocation.

The other is investing in water resources, infrastructure development, reliable energy supply, and market access diversification to expand access to domestic and international markets to maximize the sector's potential.

"Significant value and high job content are realized through the production of final consumer goods, the development of value chains, and increasing farmer and local participation in the value chains and value shares. Creating value chains in agriculture isn't enough if the benefits aren't shared with the community. It's important to focus on how that value is distributed."

In Namibia, where over 70 percent of the population relies on agriculture, the Bank of Namibia's Governor Johannes !Gawaxab emphasizes the urgent need for significant reforms to boost the sector. 

He stressed the need for supportive policies, innovation, and partnerships to overcome challenges, particularly in the context of climate change and market access.

"Our agri-food value chains are complex, be it from the field to the farm gate or from the factory and market to our plate. We do not need partners that are providing us with their lowest-quality materials while keeping the best for themselves. But rather, we need trustworthy and consistent partners that will supply Namibia with A-grade products that will put Namibian products on the map."

In Namibia, direct employment in the agricultural sector is estimated at approximately 20 percent.