On 21 August 2025, At its 18th decision-making meeting held on 19 August 2025, the Government of Namibia’s Cabinet approved significant initiatives aimed at enhancing the country’s role in international financial intelligence and fostering regional cooperation in information and communication technologies (ICT).
Namibia to Host Egmont Group Plenary Meeting in 2027
The Cabinet granted approval for the Financial Intelligence Centre (FIC) of Namibia to host the prestigious Egmont Group of Financial Intelligence Units (FIUs) Plenary meeting in July 2027. The Egmont Group is a global multilateral institution that facilitates cooperation among national FIUs to combat money laundering, terrorist financing, and proliferation financing.
Since becoming a member on 4 June 2014, Namibia’s participation in the Egmont Group has bolstered its financial investigative capabilities. Hosting the 2027 plenary meeting is expected to inject financial opportunities into micro, small, and medium enterprises (MSMEs) and the tourism sector. This initiative aligns with Pillar 1 of the country’s 6th National Development Plan (NDP 6), which emphasizes economic diversification and development.
Strengthening ICT Cooperation with Zimbabwe
In another notable decision, Cabinet authorised the Minister of Information and Communication Technology to sign a Memorandum of Understanding (MoU) with the Government of Zimbabwe. The MoU focuses on cooperation in the field of Information and Communication Technologies, signaling a strong commitment to fostering closer bilateral ties between Namibia and Zimbabwe.
This agreement aims to promote joint ICT initiatives, enhance regional integration, and accelerate digital transformation efforts crucial for economic growth. It reflects Namibia’s strategic approach to harnessing technology as a driver for sustainable development and cross-border collaboration.
These Cabinet decisions mark important milestones for Namibia as it continues to enhance its international profile in financial intelligence and forge robust regional technology partnerships. Together, these measures will support the country’s goals of economic development, good governance, and digital innovation.
