Namibia

Namibian GDP is expected to grow at 3,9 per cent on the back of the mining sub-sector, which consists mainly of uranium, zinc, copper, gold, lead and silver. That said, all is not looking up. The diamond industry will see output decline due to reduced onshore mining, and the electricity sub-sector does not look good either due to high import and operational costs.

Namibia's economy had remained resilient during the second quarter of 2008, with agriculture, mining and the services sector keeping the economy steady.