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Namibia

Namibia

Namibia, previously a colony of Germany, and later occupied by South Africa's apartheid government,  following South Africa's withdrawal from Angola, gained full independence in 1990. Namibia is one of Africa's most developed and stable countries. Tourism and diamond mining form the major contributors to Namibia's economy.

The agriculture sector continues to be one of the most important sectors, although only half the country is suitable for farming and is highly susceptible to drought

The mining sector is the traditional backbone of the economy, contributing 13% to GDP in 2000 and it still generates the biggest share of Namibia's foreign-exchange earnings. Namibia is the fourth largest exporter of non-fuel minerals in Africa, and the world's fifth-largest producer of uranium.

Diamond mining has recently shown a strong recovery after weakening considerably in the early 1990s - around 7% of government revenues and a third of the country's foreign exchange earnings come from diamonds, over 95% of which are of exceptionally fine gem quality

Namibia also produces large quantities of lead, zinc, tin, silver, and tungsten.

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Country Population: 2,031,000
Country Capital: Windhoek
Country Currency: Namibian dollar

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