The Ministry of Trade and Industry in conjunction with the Namibia Development Corporation (NDC) has embarked on an endeavour to develop a Namibian Trade and Industrial Park in Lubumbashi.
In accordance with a direct result of Cabinet Decisions Nos 38th /11.12.01/004 and 1st /29.01.02/001, determining that Namibia shall set up Trade Centres for the export of Namibian meat, fish and other products, as well as market diversification and enhancing trade between Namibia and the DRC in order to grow market for Namibian products and services, stimulate employment of people and growing the economy.
Other bilateral Agreements/MoUs signed are:
- Twinning Agreement between the Cities of Windhoek and Lubumbashi, signed in May
- Agreement between Namibia and the DRC Governments on Export of Livestock and meat Products, signed in February 2011,
- Memorandum of Understanding on International Air Transport Services, signed on 31 August 2007
- Memorandum OF Understanding on Cooperation in the Fields of Mineral Exploration, Mining Processing and Value Addition to Resources, signed in July 2004
Trade Statistics
Recent statistics information provided by the Ministry of Trade and Industry by Namibia Statistics Agency (NSA), the trade volume between the two countries paints a positive picture in favour of Namibia. Namibia’s exports to the DRC provide a combined export value of N$2,643,370,598, for the past five (5) years.
The major (top five) export products to the DRC are fish (horse mackerel, sardines), salt, live (bovine) animal, maize flour, and beer.
Namibia’s major imports from the DRC constituted a total value of N$9.9 million in 2009. The major (top five) products of exports from/through the DRC includes mobile drilling machines, tropical woods, drilling pipes, refined copper cathodes and other machinery.