Responsibility for financial stability fall under the ambit of the Bank of Namibia and the Namibia Financial Institutions Supervisory Authority (NAMFISA), respectively.

The role of fiscal policy in financial stability too, as the current sovereign debt crises in some Euro Area countries has shown. A sovereign unable to honour its debts puts the whole economy at risk as buyers of government debt tend to be big financial corporations and other governments too.

Currently the role of Financial Stability in Namibia is primarily undertaken by the Bank of Namibia, with input and consultations with NAMFISA, the Ministry of Finance and other partners.

The Financial Intelligence Centre (FIC) is the Financial Intelligence Unit of the Government of Namibia. FIC strives to develop a strong legal basis to combat money laundering, financing of terrorist and proliferation activities and other financial crimes, within the borders of Namibia.

Namibia’s financial sector is dominated by four large and heterogeneous financial conglomerates, all with close ownership and funding links to South Africa.

The Non-Bank Financial Institutions (NBFI) sector is comparatively large (around 14% of Gross Domestic Product (GDP) on net asset basis), in part reflecting a fully funded government pension fund.

Asset managers play a central role in connecting institutional investors to financial markets and banks.

The sovereign debt/GDP ratio has nearly doubled since 2014, which has reinforced the already strong bank-sovereign link. The rapid rise in housing prices and household debt, banks’ large exposure to mortgages and banks reliance on wholesale funding are sources of concern.

Economic and financial shocks from South Africa are directly transmitted through the common currency and integrated financial markets

As a stable, growing economy with bountiful natural resources, business-friendly policies and dynamic young population, Namibia is an ideal global investment destination. In order to reach its goals of socially and geographically inclusive growth, the government is seeking foreign-direct investment in infrastructure projects as well as the manufacturing sector. Potential infrastructure projects include railway lines, electricity transmission and telecom network expansion. On the manufacturing front, Namibia offers opportunities in the food processing, mariculture, automotive and ICT sectors, among others. The Namibian pavilion at Expo 2020 will feature an interactive space where potential investors can explore these opportunities in detail.

Namibia's strategic geographic location and world-class port at Walvis Bay position the country to be a trade and logistics hub for Southern Africa and a gateway to the entire Sub-Saharan Africa region. At Expo 2020, the Namibia pavilion will seek to promote the country's ambitions to become a regional gateway through a dedicated investment exhibit.