President Netumbo Nandi-Ndaitwah has urged African countries to fully implement the African Continental Free Trade Area (AfCFTA) to boost trade, industrialisation and economic growth across the continent.
In doing so, President Nandi-Ndaitwah said Africa would reduce dependence on external markets and increase trade among African countries.
The President was speaking during the 'Invest in Africa Expo and Summit', held at Swakopmund.
Dr. Nandi-Ndaitwah said that despite Africa's vast natural resources, arable land and youthful population, intra-African trade remains low at about 16%.
She highlighted progress under the AfCFTA and noted that Namibia has already exported goods to Nigeria, Ghana, and Kenya since launching trade under the agreement in 2025.
Nandi-Ndaitwah also hailed the strategic role of the port of Walvis Bay in positioning Namibia as a regional trade and logistics hub.
The Minister of International Relations and Trade, Selma Ashipala-Musavyi, delivered the President's speech at the summit.
"Our struggle for Africa's economic emancipation should be seen within the context of Africa's decolonisation process, Africa's economic development and integration, the Africa We Want, and an inclusive international system as per the Sustainable Development Goals. While the opportunities are enormous, the journey towards tangible market access requires consistent and deliberate action and collaboration. It calls for strengthening infrastructure, improved trade facilitation measures, harmonised standards, reduction of non-tariff barriers, and investment in productive capacities that will enable African businesses to compete effectively within the continental market."
Mayor of Swakopmund, Suamma Kautondokwa, says the hosting of the Invest in Africa Trade Expo and Business Summit reflects growing confidence in Africa's economic potential.
"The hosting of the Invest in Africa Trade Expo and Business Summit in Swakopmund is significant for both our town and Namibia as a whole. As a leading tourism destination and an emerging economic hub, Swakopmund continues to position itself as a gateway for investment, trade, innovation, and regional cooperation. Our strategic coastal location, growing infrastructure, expanding logistics networks, and proximity to key industries such as mining, energy, fisheries, and tourism make Swakopmund an ideal destination for business engagement and investment dialogue."
Kautondokwa urged delegates to use the summit to forge partnerships and unlock investment opportunities that will drive Africa's growth and prosperity.