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Sentiment in Namibia has improved notably compared to 12 and 18 months ago, with positivity across a much broader spectrum. We keep our '24 growth forecast unchanged at 3.4%, but anticipate growth should accelerate from '25 onwards. Only a handful of sectors raise material concern in the near-term, while this year is set to be defined by the outcomes of politics (new session of Parliament and new Cabinet) and the hydrocarbon exploration and appraisal.