Namibia recorded net outflows of international transfers totaling N$304.5 million (≈$16M) in 2025, compared to a positive balance in 2024, the Bank of Namibia reports. The rise is driven by payments to non-residents, especially in mining and fishing sectors. Foreign direct investment fell to N$25.1 billion (≈$1.3B) due to slower oil projects, while net external borrowing declined to N$32.9 billion.