Namibia has been ranked first in Africa and second in the world in the 2025 Greenfield Foreign Direct Investment (FDI) Performance Index. According to the FDI report, the country climbed 10 places from last year, attracting nearly eight times more FDI projects than expected for its economic size.

The report noted that the increase in Namibia’s ranking is attributed to recent offshore oil discoveries in the Orange Basin, estimated at 11 billion barrels of light oil and 2.2 trillion cubic feet of natural gas. The report states that if these reserves are proven commercially viable, they could unlock unprecedented revenue for the country by doubling its GDP by 2024.

Commenting on this ranking, NIPDB’s CEO, Nangula Uuandja, said the board remains committed to ensuring that Namibians benefit from the discoveries if proven commercially viable.