Namibia’s new oil, gas and green hydrogen frontier is real—but discovery is not development. Without early fiscal rules, contract discipline, and institutions that can spend well, Namibia risks exporting value while importing volatility.
Namibia has earned credibility through fiscal discipline, a hard exchange-rate anchor, and regulatory caution. Yet the same posture now risks suppressing strategic experimentation—precisely as climate stress, energy dependence, and commodity substitution intensify. The next decade will reward states that can govern uncertainty, not merely avoid it.
© 2026 Bramston & Associates. All rights reserved.
