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Namibia

National Youth Council Launches NextGen Facility to Empower Youth Entrepreneurs

todayJune 4, 2024 14

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National Youth Council has introduced the NextGen Facility Incubation programme to aid young entrepreneurs with loans between N$50,000 and N$100,000 as reported by The Brief. This initiative targets key sectors like sustainable agriculture, tourism, renewable energy, and natural resource management. Acting Director, Sircca Nghitila noted that the programme aims to support 20 to 30 entrepreneurs annually across all 14 regions of Namibia, ensuring fair access. Additionally, the facility will offer mentorship and entrepreneurship development through a partnership with Bellatrix Investment Managers.

Written by: Leonard Witbeen

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