Namibia’s newly elected President, Netumbo Nandi-Ndaitwah, has pledged to boost investments in agriculture and diversify the country’s resource-dependent economy to address high unemployment rates.
Nandi-Ndaitwah, 72, recently made history as Namibia’s first female president after her party, which has governed the nation for over three decades, secured victory in the November elections. With a population of approximately three million people, Namibia has experienced notable economic growth in recent years, largely driven by investments in oil, gas, and green hydrogen. However, the country continues to struggle with severe income inequality, ranking among the highest in the world.
In her inaugural speech, the president emphasized the importance of increasing agricultural investments to enhance food production and achieve self-sufficiency. She highlighted the need for economic diversification, ensuring that the country’s natural resources are utilized to maximize benefits for its citizens through value addition.
A core focus of her administration will be job creation, particularly for young people, who make up the majority of the unemployed population. By diversifying the economy and expanding investment opportunities, the government aims to foster sustainable employment and economic stability.
Nandi-Ndaitwah also underscored the significance of ethical governance, calling for high standards among public servants and reinforcing the country’s commitment to combating corruption. Addressing concerns over governance and transparency is seen as crucial to restoring public confidence and strengthening institutional integrity.
The ruling party has faced a decline in public support over the past decade, as frustration over unemployment, inequality, and corruption allegations has grown. While the party secured 57% of the vote in the recent elections, this marked a significant drop from the 87% it achieved in 2014.
The president’s inauguration ceremony was attended by several African leaders, including seven sitting and nine former presidents, reflecting the regional and international significance of the event.
In the lead-up to the transition, a legal challenge against the presidential election was dismissed by the Supreme Court. Opposition parties had raised concerns about the fairness of the vote, citing extended voting periods and other procedural issues. However, the court upheld the results, confirming Nandi-Ndaitwah’s victory and paving the way for her leadership.
As she takes office, expectations are high for the new president to implement her promises and drive Namibia toward a more diversified and inclusive economy. With a strong focus on agricultural growth, job creation, and ethical governance, her leadership marks a pivotal moment in the country’s political and economic trajectory.