Sustainable Financing Mechanism

Nedbank Namibia embraces storytelling to boost financial literacy

In a world where financial tools and services are more accessible than ever, one question looms large: why are so many people struggling with financial health? Despite the abundance of financial services, platforms, and tools available in the marketplace, consumers are more vulnerable than ever. As life increasingly gets busier, these impacts are compounded, considering the sheer speed at which one often must take decisions that may have […]

September 18, 2024 10

Local

Germany supports Namibia with a EUR 3 million grant toestablish a Sustainable Financing Mechanism for Namibia’sstate-protected areas

On 13 September 2024, the National Planning Commission (NPC) of Namibia together with the Ministry of Environment, Forestry and Tourism (MEFT) and KfW Development Bank (KfW), on behalf of German Development Cooperation, signed a grant agreement to the value of EUR 3 million (equivalent to approx. NAD 60 million) to establish a Sustainable Financing Mechanism to support Namibia’s state-protected areas (national parks). The financial contribution complements the MEFT’s […]

September 17, 2024 45