insert_link Local Bank of Namibia launches industry kick-off for instant payment programme The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […] todayJuly 1, 2024 22
insert_link Local Bank of Namibia hosts public lecture on financial inclusion in rural areas The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […] todayMay 31, 2024 15
insert_link Local NAMFISA to host third edition of the Fintech Square in Windhoek The Namibia Financial Institutions Supervisory Authority (NAMFISA) is proud to host the third edition of the FinTech Square event scheduled for 30 and 31 May 2024 under the theme FinTech Unleashed: Showcasing Innovation at the Square. FinTech Square, known as the NAMFISA Innovation Station, is a platform designed to explore the world of Financial Technology (FinTech) within the Namibian Non-Banking Financial Institutions (NBFI) sector. It connects NAMFISA with innovators, consumers, industry […] todayMay 29, 2024 32
insert_link Namibia Namfisa to host 2024 Sub-Saharan insurance regulators Namibia will host insurance regulators from across Africa for the 2024 International Association of Insurance Supervisors Sub-Saharan Regional Seminar, to be held in Windhoek from 27 to 31 May 2024. With the overarching goal of advancing sustainability, inclusivity, and resilience in the insurance industry, the seminar will focus on capacity building and will also delve into various gaps that hinder the progress and sustainability of the insurance industry. These include […] todayMay 14, 2024 39
insert_link Local Bank of Namibia launches the instant payment project to enhance financial inclusion. The Bank of Namibia today officially launched the Instant Payment Project, a pioneering initiative set to revolutionize financial services across Namibia. With a targeted official launch year of 2025, the project aims to significantly broaden financial inclusion by providing essential and affordable financial services to all whilst focusing on the rural and informal sectors which face logistical and financial challenges in accessing conventional banking services. In 2023, the […] todayApril 26, 2024 31
insert_link Local Bank of Namibia strengthens collaboration with central banks in the region The governor of the Bank of Namibia, Mr. Johannes !Gawaxab, recently embarked on a diplomatic visit to foster enhanced collaboration and cooperation with central banks in the region. Accompanied by a technical team from the bank’s financial markets, strategy, projects & transformation, research, and international relations departments, the governor visited the Bank of Ghana, the Reserve Bank of Zimbabwe, and the Bank of Botswana at the end of […] todayApril 24, 2024 12
insert_link World Development finance: how it works, where it goes, why it’s needed By Abdul Latif Alhassan, University of Cape Town and Bomikazi Zeka, University of Canberra Development finance is the invisible glue that connects public and private financing for projects that have social, economic and environmental outcomes. These include improved infrastructure, better waste management and sanitation, financial inclusion, clean energy and sustainable agriculture. The goal of development finance is to create positive social, economic or environmental outcomes through […] todayApril 17, 2024 41
insert_link Local Governor! Gawaxab champions economic resilience and financial innovation at 2024 Cirrus investor conference The Bank of Namibia, participated in the 5th edition of the Cirrus Investor Conference. Taking place in Swakopmund between 9-10 April 2024, the conference drew development finance institutions, institutional asset managers, listed companies, state-owned enterprises, and Government Ministries, offices and agencies together to connect Namibian securities issuers and potential issuers, with investors from around the world. Speaking at the event, the Governor of the Bank, Mr. Johannes !Gawaxab provided […] todayApril 10, 2024 7
insert_link Africa Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential Data-Driven Transparency and Compliance in the Digital Financial Ecosystem in Africa. In an era defined by digital transformation, data has become the cornerstone of innovation and progress, particularly within Africa's burgeoning financial landscape. With Sub-Saharan Africa spearheading the global adoption of Mobile Money, boasting over 218 million active accounts according to GSMA's State of the Industry Report on Mobile Money 2023, the region stands poised to leverage […] todayFebruary 20, 2024 12