From October 5-8, 2015, USAID’s Southern Africa Trade Hub met with stakeholders in Windhoek, Namibia to conduct needs assessment on investment climate reform and the African Growth and Opportunities Act (AGOA).
The Trade Hub met with the Namibia Investment Centre (NIC) to determine the country’s progress with implementation of investment climate reform and to discuss possible technical assistance requirements. This follows previous Trade Hub support in 2006 to develop an investor roadmap (IRM), which was revived in 2012.
The following areas for possible technical assistance were suggested:
• Conduct an IRM audit to review progress to date;
• Develop a regulatory climate reform communications strategy not only to help communicate the changes and progress made on the investment climate but encourage further implementation of regulatory reforms in Namibia; and
• Carry out an assessment to develop an inventory of investment related laws to establish the status of investment laws in Namibia.
Meetings were held with the Namibia Trade Forum (NTF) and the Namibia Chamber of Commerce and Industry (NCCI).
Photo: Trade Hub team with NIC personnel during the needs assessment.