Country data- The Republic of Namibia is located in southern Africa, bordering the South Atlantic Sea, between Angola and South Africa. Finances are heavily dependent on the extraction and processing of minerals for commercial goods. Mining anecdotes for 8% of GDP, but provide over 50% of foreign exchange earnings. The rich alluvial deposits of precious gems make Namibia a primary source of gem-quality precious gems. Marine diamond mining is becoming progressively important as the supply of terrestrial precious gems has diminished. Namibia is the world's fourth largest producer of uranium. It also produces large quantities of zinc and is a small producer of gold and other minerals. The mining sector only uses about 3% of the community. Namibia normally trades around 50% of its grain bonds; in drought years, food shortages are the main problem in rural areas. A high GDP per capita, relative to the region, hides one of the most unequal income distributions in the world, as demonstrated by Namibia's GINI coefficient of 59.7. Namibia's finances are almost linked to South Africa with the Namibian dollar pegged one-to-one to the South African rand. Namibia receives 30%-40% of its revenue from the Southern African Cultural Union (SACU). Instability in the size of Namibia's annual SACU allocation complicates benefit planning. Namibia's economy continues to be sensitive to the instability of the uranium price. The increasing cost of excavated diamonds, progressively coming from the sea, has decreased profit margins. Namibian authorities recognize these issues and have highlighted the need to increase higher-value raw materials, construction and services, particularly in the logistics and transport sectors. Hifikepunye POHAMBA...... middle of paper ......d biomass from desert invader.Resources: 1. Smith, Amy. "All of Africa." AllAfrica.com: Namibia: Progressive steps towards renewable energy (page 1 of 2). AllAfrica, 6 December 2013. Web. 11 December 20132. Lyman, Rick. "In Namibia, a new government and old problems". Philly.com. The Inquirer, October 7, 1990. Web. December 11, 2013.3.Kaapanda, Hon. "SPECIAL FOCUS: ICT, TELECOMMUNICATIONS, MEDIA AND ADVERTISING." Namibia Business Directory: ICT in Namibia since independence. ICT and Web. 11 December 2013.4.The arms trade treaty can sow seeds of peace and ignite the hope of overcoming violence, conference narrated considering the scope, elements and potential of the futureText." UN News Center. UN, 05 July 2012. Web. 11 December 2013.5. Dierks, Klaus. "Renewable energy in Namibia".. 2013