When Junior Achievement Namibia informed me of the news that I was to be one of four girls to attend a Leadership Achievement Empowerment and Development (LEAD) Camp in Lagos, Nigeria, the first thing that came into my mind was "what am I going to buy in that country," as I thought of the high exchange rate of the Nigerian Naira to our Namibian Dollar
. But when I landed at Lagos airport I discovered that I had a completely different picture in mind.
Namibia Population 2.1m Capital Windhoek Area 823,145k[m.sup.2] Monetary unit Namibian dollar
(N$7.2 = $1.00, 2011 average) GDP: (PPP) $16.5bn GDP per $8,200 PPP capita Real GDP 4.4% growth Inflation 6.9% (March 2012) Natural Diamonds, uranium, resources zinc, gold, copper, lead, tin, fluorspar, salt, fisheries and wildlife Agricultural Livestock and meat production products, crop farming and forestry, fish and fish products Mining Gem-quality diamonds, uranium, zinc, copper and other minerals Exports Diamonds, uranium, zinc, copper, lead, beef, cattle, fish, karakul pelts, grapes ($3.34bn) Imports Foodstuffs, construction materials, manufactured goods - ($4.11bn) Major trading South Africa, partners Angola, Botswana, Germany, UK, US Total external $2.22bn debt
We had some worries about the weakening of the Rand and the Namibian dollar
, but the physical equipment is still priced within the range of a household appliance, and although the cost has increased slightly, we see no reduction in demand."