Namibia is rich in natural resources. Its economy relies primarily on the mining, processing and exportation of a variety of different minerals. Its other major industries are agriculture, commercial fishing, tourism and meatpacking. The growth of the economy has been influenced positively in recent years by the general global economic growth, high commodity prices and macro-economic policies.

Clean energy production (solar, wind and wave) will find perfect conditions in Namibia: clear sunny skies, steady coastal winds and waves, wide-open expanses for clean energy production farms and a growing demand for electricity to support its expanding economy and population and those of neighboring countries. The government promotes innovative financing tools for private development, like the Sustainable Bond Issue floated by the Bank of Namibia. Progressive and environmentally friendly industry is sought as a long-term strategy, such as the massive project proposed for the southern corridor for the production and exportation to international markets of green hydrogen and ammonia. There is a need for manufacturing and similar industries that provide jobs to Namibians. Banks, technology businesses and telecommunications industries are also sought. The government also wishes to attract agriculture, agro-processing and film-making business.

Although the extraction and processing of minerals for export (diamonds, uranium, gold, silver, zinc, copper, lead, tin, marble, granite and semi-precious stones) comprises about one-third of its gross domestic product, they constitute 50% of foreign exchange earnings, and almost half of that revenue is attributed to diamonds. Off the southwest coast of Namibia, there are rich alluvial deposits of gem-quality diamonds. The marine mining of diamonds is increasingly important as the supply of diamonds on the land have diminished. Some of these diamonds are now cut and polished in Namibia. The country is the fourth largest producer of uranium in the world, along with significant amounts of zinc, gold and copper. The fisheries of Namibia are among the best in the world, operating self-sufficiently without government subsidization. There are stable fish stocks and the strong domestic fishing industry supports exportation of a significant amount of frozen fish to Europe. Namibia has attained its goal of developing a mature, sustainable and responsible tourism industry contributing significantly to the economic development of the country and the quality of life of all its people, primarily through job creation and economic growth. Etosha National Park, which is an 8,600 square mile preserve populated with an incredible variety of wildlife, is the hub of eco-tourism in the country. Namibia is also a popular destination for big game hunters, whose limited activities are allowed in a unique and environmentally sensitive manner which actually promotes conservation.