Wednesday, November 2, 2011

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Namibia is considered to have the least political risk of any Sub-Saharan African country by economists participating in Euromoney’s country risk survey.
Oil fields containing up to 11 billion barrels of crude are to come on line in next five years.
Namibia received a superior country risk assessment from economists to South Africa and Botswana, both of which have a higher credit rating.
It has low government debt of just 16% of GDP.
The economy has grown by an average of 4.2% a year since independence in 1990.
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