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uth African markets; producer of cannabis (for local consumption) and methaqualone (for export to South Africa); corruption and poor regulatory capability makes the banking system vulnerable to money laundering, but the lack of a well-developed financial infrastructure limits the country's utility as a money-laundering center This page was last updated on 20 October, 2005 ====================================================================== @Namibia Introduction Namibia Background: South Africa occupied the German colony of South-West Africa during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966 the Marxist South-West Africa People's Organization (SWAPO) guerrilla group launched a war of independence for the area that was soon named Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia won its independence in 1990 and has been governed by SWAPO since. Hifikepunye POHAMBA was elected president in November 2004 in a landslide victory replacing Sam NUJOMA who led the country during its first 14 years of self rule. Geography Namibia Location: Southern Africa, bordering the South Atlantic Ocean, between Angola and South Africa Geographic coordinates: 22 00 S, 17 00 E Map references: Africa Area: total: 825,418 sq km land: 825,418 sq km water: 0 sq km Area - comparative: slightly more than half the size of Alaska Land boundaries: total: 3,936 km border countries: Angola 1,376 km, Botswana 1,360 km, South Africa 967 km, Zambia 233 km Coastline: 1,572 km Maritime claims: territorial sea: 12 nm contiguous zone: 24 nm exclusive economic zone: 200 nm Climate: desert; hot, dry; rainfall sparse and erratic Terrain: mostly high plateau; Namib Desert along coast; Kalahari Desert in east Elevation extremes: lowest point: Atlantic Ocean 0 m highest point: Konigstein 2,606 m Natural resources: diamonds, copper, uranium, gold, lead, tin, lithium, cadmium, zinc, salt, hydropower, fish note: suspected deposits of oil, coal, and iron ore Land use: arable land: 0.99% permanent crops: 0% other: 99.01% (2001) Irrigated land: 70 sq km (1998 est.) Natural hazards: prolonged periods of drought Environment - curr
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