Banner 330x1440 (Fireplace Right) #1

Namibia ranked fifth safest in Africa for money laundering and financial crime risk

Namibia has been ranked the fifth safest country in Africa, placing it among those with the lowest exposure to money laundering and financial crime risks on the continent.

This is detailed in the 2025 Basel Anti-Money Laundering (AML) and Financial Crime Risk Index.

The index, an independent assessment that measures national vulnerability to financial crime, shows steady improvement by Namibia over the past three years. The country’s score declined from 5.09 in 2023 to 4.89 in 2024, and further to 4.78 in 2025, on a scale where lower scores indicate stronger resilience and reduced risk exposure.

“The Financial Intelligence Centre (FIC) is pleased to announce Namibia’s continued progress in strengthening its defences against money laundering and financial crime, as reflected in the 2025 Basel Anti-Money Laundering and Financial Crime Risk Index score,” says FIC director Bryan Eiseb.

According to the FIC, the improved ranking directly supports Namibia’s National Development Plan 6 target of reducing illicit financial flows from 9% of gross domestic product in 2024 to 5% by 2030.

Eiseb says while the progress is significant, continued vigilance remains essential, particularly in improving beneficial ownership transparency, strengthening anti-money laundering and combating the financing of terrorism (CFT) effectiveness, and completing a comprehensive National Risk Assessment in 2026.

“This sustained improvement affirms Namibia’s commitment to safeguarding the integrity of its financial system. It also reflects the joint efforts of supervisory bodies, law enforcement agencies, accountable and reporting institutions, and policymakers who continue to strengthen AML/CFT compliance, coordination and enforcement. The reforms undertaken across the national AML/CFT ecosystem are producing measurable, internationally recognised results,” he adds.

In an age of information overload, Sunrise is The Namibian’s morning briefing, delivered at 6h00 from Monday to Friday. It offers a curated rundown of the most important stories from the past 24 hours – occasionally with a light, witty touch. It’s an essential way to stay informed. Subscribe and join our newsletter community.

AI placeholder

The Namibian uses AI tools to assist with improved quality, accuracy and efficiency, while maintaining editorial oversight and journalistic integrity.

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!


Latest News