Also known as: DBN
Development bank providing financing for mining expansion and regional infrastructure; lent N$49m each to Andrada Mining's Uis tin project alongside Bank Windhoek.
Key points drawn from coverage. Tap a point to see the original sentence.
Informanté
Development Bank of Namibia participated in meeting to review YDF progress and funding access
“The milestone was announced during a meeting between the Development Bank of Namibia, the Environmental Investment Fund, Agribank of Namibia, the Prime Minister, and the Minister of Finance, where stakeholders reviewed progress and outlined measures to improve access to funding for young people.”
N$40.1 million disbursed to young entrepreneurs through YDFThe Namibian
Development Bank of Namibia obtained default judgment for N$19.9 million payment
“The auction was arranged as a result of a default judgement for the payment of N$19.9 million that the DBN obtained against the close corporation in the Windhoek High Court in April 2022.”
Attempt to stop auction of Rossmund Golf Course failsNew Era
Development Bank of Namibia is providing mentorship to National Youth Development Fund beneficiaries for sustainability
“To strengthen sustainability, beneficiaries are receiving mentorship through the Development Bank of Namibia (DBN).”
Youth fund creates 700 jobs …as Namibia reports progress at APRM SummitThe Namibian
Development Bank of Namibia has trained more than 400 young people under 121 Rural Youth Enterprises Project
“She said the bank has since trained more than 400 young people under the 121 Rural Youth Enterprises Project across all 14 regions.”
Over N$60 million allocated to 140 youth projects – presidentNew Era
Development Bank of Namibia approved approximately N$15 million for youth business financing
“The Fund, introduced by the Ministry of Finance, has approved the expansion of youth business financing through the Development Bank of Namibia (DBN), with approvals totaling approximately N$15 million.”
DBN approves N$15m for NYDFThe Namibian
Development Bank of Namibia granted N$8.6 million in funding approvals between 1 November 2025 and 30 January
“Ministry of Finance spokesperson Wilson Shikoto says funding approvals of N$8.6 million were granted to these enterprises through the Development Bank of Namibia (DBN) between 1 November 2025 and 30 January this year.”
Youth fund boosts 30 businesses with N$15mThe Namibian
Development Bank of Namibia granted N$8.6 million to 30 youth-owned enterprises between November 2025 and January
“According to Ministry of Finance spokesperson Wilson Shokoto, funding approvals of N$8.6 million were granted to 30 youth-owned enterprises through DBN between 1 November 2025 and 30 January.”
Youth development fund approves N$14.9m for businesses through DBNThe Namibian
Development Bank of Namibia (DBN) announced loan write-off this week
“The bank announced the loan write-off this week.”
Asoli demands answers on development bank's N$579 million loan write-offThe Namibian
Development Bank of Namibia loaned N$14.1 million to key management personnel for home purchases
“The gross amount for staff home loans to key management is N$14.1 million (2024: N$15.2 million).”
N$14.1 million loaned to DBN executives to buy homesThe Namibian
Development Bank of Namibia operates a home ownership scheme providing mortgage bonds to employees at reduced rates
“The bank operates a home ownership scheme, in which mortgage bonds are provided to the bank employees at reduced interest rates.”
N$14.1 million loaned to DBN executives to buy homesLondon-listed Andrada Mining is accelerating exploration and development at its Lithium Ridge project in Namibia's Erongo Region, targeting production by 2028 or 2029 to capitalise on an anticipated recovery in lithium demand. The company plans to advance drilling, define resources and reserves, and complete a Definitive Feasibility Study.
13 hours ago · Informanté →
London-listed Andrada Mining is accelerating exploration and development at its Lithium Ridge project in Namibia's Erongo Region, targeting production by 2028 or 2029 to capitalise on an anticipated recovery in lithium demand. The company plans to advance drilling, define resources and reserves, and complete a Definitive Feasibility Study.
13 hours ago · Informanté →
Bank Windhoek has brought a summary judgment application against businessman Malakia Elindi to recoup over N$2.7 million used to purchase a luxury BMW vehicle. Elindi, arrested in July 2025 alongside his brother in a Namcor fraud case alleging N$400 million in losses, has faced mounting creditor claims including prior court orders totalling millions in outstanding debts.
3 September 2026 · Informanté →
The German government has withdrawn an estimated N$200-million grant for Windhoek's sustainable urban mobility project after a feasibility study found that the anticipated increase in cycling and reduction in carbon dioxide emissions would not meet Germany's climate-financing requirements. The city had submitted an alternative electric bus project proposal in October 2025 for review.
29 August 2026 · The Namibian →
An analysis argues that despite decades of political talk about beneficiation, value addition, and manufacturing, Namibia remains dependent on primary commodities and has failed to assemble scattered industrial activity into a coherent industrial economy, requiring instead a reimagined industrial policy linking resources, finance, energy, trade, procurement, skills and markets.
28 August 2026 · Windhoek Observer →
A commentary argues that Namibia's "rich country, poor people" paradox—where extractive industries contribute 13.6 per cent of GDP and employ only 1.4 per cent of the workforce—must be understood as a continuation of colonial extraction rather than national failure, and that economic freedom requires confronting this structural contradiction.
27 August 2026 · Windhoek Observer →
The Oshana Regional Council reported economic progress in 2025/2026, including job creation, infrastructure development and education gains, but cited persistent unemployment and limited resources as key obstacles. The region created 120 permanent and 1,681 temporary jobs and invested about N$357.3 million in infrastructure projects.
20 August 2026 · The Namibian →
Andrada Mining has secured N$98 million in funding from Bank Windhoek and the Development Bank of Namibia for a new ore-sorting circuit at its Uis Tin Mine in Erongo region. The 10-year loans are expected to increase tin concentrate production by between 50% and 70%.
18 August 2026 · Windhoek Observer →
Bank Windhoek and the Development Bank of Namibia will provide N$98 million to fund Andrada Mining's ore-sorting project at its Uis mine, with each bank lending N$49 million over 10 years. The expansion aims to increase tin concentrate output and unlock the mine's operational and cash-generating potential.
17 August 2026 · The Namibian →
The National Youth Development Fund has received over 13,400 applications since launch but approved only 353 (2.6%) for funding. The Ministry of Finance is overhauling the application process after the low approval rate exposed quality issues in submissions, with approximately 13,120 applications still under assessment.
11 August 2026 · New Era →
The Development Bank of Namibia says it has invested N$154.45 million in Kavango East over the past ten years, with the bulk going towards housing and construction.
11 August 2026 · Namibian Sun →
Deputy Minister of Agriculture Ruthy Masake has called on young people in Ohangwena to embrace climate-smart farming, agribusiness and innovation, urging them to become active producers and leaders rather than programme beneficiaries. She stressed the integration of climate action, water security and sustainable agriculture to strengthen food security and rural development in response to climate impacts including changing rainfall patterns and prolonged dry spells.
10 August 2026 · Informanté →
Agriculture Minister Inge Zaamwani has urged farmers in Aminuis and the Omaheke Region to move beyond primary livestock production and embrace value addition, stating that Namibia's agricultural growth depends on producers capturing more economic benefits along the livestock value chain and creating jobs and businesses in rural communities.
7 August 2026 · Windhoek Observer →
The Ohangwena Region has unveiled a strategic investment map and action plan to attract investment and position local entrepreneurs and businesses as drivers of regional development. The roadmap identifies priority opportunities in agriculture, agro-processing, manufacturing, creative economy, health, tourism and hospitality, supported by enabling sectors including water, energy, logistics and housing.
6 August 2026 · Windhoek Observer →
Ohangwena Regional Governor Kadiva Hamutumwa announced an invitation for entrepreneurs, investors and businesses to submit project proposals aligned with the Ohangwena Regional Investment Map and Action Plan 2025–2030, which identifies opportunities in agriculture, agro-processing, manufacturing, creative economy, health, tourism, hospitality, water, energy, logistics and housing. The expression of interest process will run from 11 August to 23 September.
5 August 2026 · The Namibian →
Prime Minister Elijah Ngurare and Finance Minister Ericah Shafudah met with the Development Bank of Namibia and the University of Namibia on Friday to discuss regional manufacturing efforts.
27 July 2026 · Namibian Sun →
MTC recorded profits of N$1.45 billion in the 2025 financial year, reinforcing its status as Namibia's most profitable public enterprise in the 2026 IJG Public Enterprise Governance Ranking. Other state-owned enterprises including NamPort, NamPower, and NamibRe showed mixed financial performance, with NamPort emerging as a strong turnaround performer with profits rising to N$864.5 million.
14 July 2026 · Windhoek Observer →
Mobile Telecommunications Limited (MTC) scored 20 out of 20 in IJG Securities' 2026 Public Enterprise Governance Ranking, which assessed public enterprises over five years on annual report publication, profitability, fiscal transfer reliance, and CEO stability. NamPort, Agribank, and NamibRe placed second with 19 points each, while NamPower and NamWater tied for fifth with 18 points.
14 July 2026 · Windhoek Observer →
Namibia has shifted its economic focus from job creation to enterprise development and entrepreneurship support. The editorial argues that building broad prosperity requires embedding entrepreneurship education from primary school through vocational training, and that Namibians must understand they must create their own opportunities rather than wait for salaried employment.
9 July 2026 · The Namibian →
A Windhoek High Court judge has ordered businessmen Peter and Malakia Elindi and three close corporations to pay N$28.8 million to the Development Bank of Namibia in a summary judgement, arising from loan agreements with the fuel company Enercon Namibia, of which the Elindis are former directors and shareholders.
6 July 2026 · The Namibian →
Robert Eiman officially assumed duty as Agribank's Chief Executive Officer on 1 July 2026 for a five-year term, as the institution pursues organisational transformation to strengthen agricultural finance delivery in Namibia. A new Board of Directors, chaired by Silvia Makgone, will provide strategic oversight during the bank's efforts to enhance sustainability and deliver more innovative financing solutions to the agriculture sector.
6 July 2026 · Informanté →
Ohorongo Cement says its merger with Schwenk Namibia's Cheetah Cement, approved with conditions by the minister of industries, mines and energy, will not result in job losses but will involve staff relocation from Otjiwarongo to Otavi and increased local ownership requirements.
3 July 2026 · Windhoek Observer →
An N$18 million grant fund from the Pro-SME Project, a joint Namibian-German initiative, is available to young entrepreneurs and small businesses to help them formalise, expand and create jobs, with the first application round closing on 24 July.
1 July 2026 · Windhoek Observer →
Andrada Mining reported record tin production of 286 tonnes at Uis in the quarter ended 31 May 2026, a 20% increase year-on-year, with tin concentrate production also reaching a record 473 tonnes. The company secured N$98 million in funding for a tin ore-sorting expansion and advanced lithium and tungsten projects through drilling programmes.
1 July 2026 · Windhoek Observer →
The Development Bank of Namibia has received a US$1 million grant from the Green Climate Fund to strengthen institutional capacity and mobilise climate finance for climate-resilient and low-carbon development initiatives over 2026–2027. Through its GCF accreditation, DBN can directly access up to US$250 million in climate finance to support climate-related projects in Namibia.
24 June 2026 · Windhoek Observer →
The Development Bank of Namibia received a US$1 million grant from the Green Climate Fund following its accreditation in 2025, unlocking potential access to up to US$250 million in future climate financing and strengthening Namibia's position in the global green economy.
24 June 2026 · Windhoek Observer →
The Development Bank of Namibia has been approved for a USD 1 million Readiness Grant from the Green Climate Fund to strengthen its institutional capacity and mobilise investment for climate-resilient and low-carbon development. The grant follows DBN's accreditation to the GCF in July 2025, and a programme titled "Strengthening Institutional Capacity and Catalysing Private Sector Climate Investments in Namibia" will be implemented during 2026–2027.
24 June 2026 · Informanté →
The governor of Kavango West announced that construction of the Rupara Maternity Ward is nearing completion with N$1 million support from the Development Bank of Namibia. The facility is expected to improve maternal and childcare services and reduce maternal and infant health risks in surrounding communities.
14 June 2026 · Informanté →
Prime Minister Dr Tjitunga Elijah Ngurare visited the Development Bank of Namibia to assess the National Youth Development Fund and urged officials to provide clear, constructive feedback to applicants whose submissions need improvement, rather than leaving them without guidance. He called for faster resolution of administrative bottlenecks and innovative outreach to fully utilise the N$500 million allocated to the fund.
4 June 2026 · Informanté →
As TotalEnergies and other companies approach final investment decisions on Orange Basin projects before 2026, the oil and gas sector will begin broad procurement across raw materials, infrastructure, and services. However, most Namibian small and medium enterprises are not yet positioned to compete for these opportunities.
3 June 2026 · The Namibian →
Andrada Mining Limited has secured N$98 million in conditional debt financing from Bank Windhoek and the Development Bank of Namibia to support expansion projects at Uis Mine in Erongo. The funds will be used for construction and commissioning of an ore-sorting circuit, increased crushing capacity, accelerated stripping activities, and resource estimates.
30 May 2026 · The Namibian →