The Namibia Investment Promotion and Development Board (NIPDB) has formally recognised its outgoing Chief Executive Officer, Nangula Uaandja, for her role in setting up and shaping the institution. As the Board's first CEO, Dr. Uaandja led the development of its strategy, systems and day-to-day operations, while helping position Namibia as a destination for global investment.

Under Dr. Uaandja's leadership, the NIPDB became a centre of excellence, driven by innovation, agility and a capable team.

The Board praised her strategic foresight, talent nurturing and efforts in global investment promotion, which bolstered Namibia's reputation as a top destination.

Supported by government reforms, these initiatives drove Foreign Direct Investment to a record N$48.2 billion in 2023, up from N$17.3 billion in 2022.

Foreign direct investment to gross domestic product ratio surged to 21 percent from a historical seven percent average. 

The NIPDB also advanced MSMEs, economic diversification and stakeholder ties, hosting the Namibia Public Private Forum and aiding employment goals.

Namibia also climbed to 85th position in the 2025 Global Startup Ecosystem Index from 87, with Windhoek ranking 4th in Southern Africa after a 74 percent improvement.

After five years, the board said, Dr. Uaandja leaves a strong institution ready to support Namibia's development agenda.

NIPDB's Executive for Investor Experience since 2021, Jessica Hauuanga, is Acting CEO.

The permanent recruitment starts early 2026.