Franchise Opportunities in Namibia
Popular franchise directions in Namibia
Attractiveness of Namibia for the development of franchise business
Namibia is located in the south-western part of Africa. It has a population of 2,648,785 people, nearly half of Namibians live in the urban area. The biggest cities are not numerous in terms of population, for instance, Windhoek is the largest town and the capital of the country has only 268,132 residents. Other large cities of the country are Rundu (58,172 ppl) and Walvis Bay (52,058 ppl).
The economy of the country is highly dependent on mining and fish processing, the exports of diamonds, uranium, zinc and fish products have grown significantly for the last 20 years.
Namibia imports nearly all consumer goods which means that there are good opportunities for various franchise brands which deal with manufacturing and selling goods.
Another promising sector for starting a successful franchise business is tourism. Up to 1,5 million international tourists visit the country each year. Tourism provides significant employment opportunities in the country.
Franchising is a rather new approach in Namibia, but the popularity of it is rapidly growing. There are several famous international franchises available on the Namibian market. The main players are South African and US brands. The most successful are franchises dealing with retail, restaurant, rental, fast food services.
There is no franchise-specific legislation in Namibia.
There are high investment business opportunities, as well as cheap franchises in Namibia presented for review, the choice is yours.
Indicators of Namibian Business Market
Currency: Namibian dollar (NAD, N$)
Education Index (2015): 0,546
Official languages: English
Per capita GDP (PPP): $11,516
Quality-of-life index (0-10): -
Population: 2,61 mln
Total GDP (PPP): $27,505 billion
Ease of Doing Business Ranking, Rank: 107
Human Development Index (HDI): 0,647