Namibia is making progress toward the African Union target of investing 1% of its gross domestic product (GDP) in research and experimental development.

There has been a significant contribution from the agriculture sector to Gross Domestic Product over the past years.

This was said by the Minister of Agriculture, Water and Land Reform, Carl Schlettwein when he addressed his staff and stakeholders.

The Insitute for Public Policy Research has expressed concern over the country's high level of public debts and called for cautious borrowing.

Africa could lose up to US$50 billion of its Gross Domestic Product per capita every year from the effects of climate change by 2030. 

Ethiopia has commended Namibia for being one of the most experienced African countries in sanitary practices, especially with respect to the requirements of international trade.

This was said by a high-level delegation on agriculture from Ethiopia, who are in Windhoek on a benchmarking visit to Namibia.

A local economist says Namibia is unlikely to default on its foreign debts in the medium-term, although there is a need to aggressively stimulate the economy to curb the impact of low taxes and rising inflation on its fiscus.