Africa could lose up to US$50 billion of its Gross Domestic Product per capita every year from the effects of climate change by 2030. 

Against this background, African countries are urged to put climate change dialogues into action as they prepare for the UN Climate Change Conference, to be held next month in Egypt.

These were remarks at the 10th Conference on Climate Change and Development in Africa, held in Windhoek.

Ethiopia has commended Namibia for being one of the most experienced African countries in sanitary practices, especially with respect to the requirements of international trade.

This was said by a high-level delegation on agriculture from Ethiopia, who are in Windhoek on a benchmarking visit to Namibia.

Dr Fikru Regassa, Ethiopian State Minister of Livestock and Fisheries, says that his country has invested in multiple infrastructures and made institutional re-arrangements, including restructuring of the sector to enable a wholesome livestock trade.

A local economist says Namibia is unlikely to default on its foreign debts in the medium-term, although there is a need to aggressively stimulate the economy to curb the impact of low taxes and rising inflation on its fiscus.

Namibia's persistent droughts and sluggish economic growth has caused a surge in debt due to widening deficits to a record N$128 billion which is 69% of the Gross Domestic Product (GDP) in the 2021/22 financial year.