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Country analysis > Namibia Last update: 2020-11-27  

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Annual profile: Namibia

Africa Economic Research

January 2003

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Copyright: Standard Bank Group (

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South Africa occupied the German colony of Sud-West Afrika during World War I and administered it as a mandate until after World War II when it annexed the territory. In 1966 the South-West Africa People's Organisation (Swapo) launched a war of independence for the area that was soon named Namibia. It was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region.Since independence in 1990 the country has continued to have strong diplomatic relations, monetary policy and trade ties with South Africa.

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