Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Organization

Namibia Financial Institutions Supervisory Authority

Also known as: Namfisa · NFISA

Namibia's financial regulator overseeing non-banking institutions, retirement funds, medical aid, and microfinance sectors; partnering with central bank on financial oversight.

Mining & Energy

Namibia faces US$15 billion climate finance shortfall by 2030

The News

Namibia faces a US$15 billion climate finance gap to meet its 2030 climate commitments, with only about US$1.5 billion expected from domestic sources, leaving roughly 90% dependent on external funding. Policymakers and financial institutions say the country must develop credible, investment-ready frameworks and bankable projects to attract private capital, particularly for adaptation and decarbonisation efforts in carbon-intensive sectors.

Why it matters

Namibia needs N$247.5 billion to meet climate commitments by 2030, but faces a severe funding shortage that threatens economic productivity and livelihoods—with 90% of required capital dependent on external sources the country has yet to secure.

22 April 2026 · The Namibian →

Wednesday 22 April

  1. Namibia faces US$15 billion climate finance shortfall by 2030

    Namibia faces a US$15 billion climate finance gap to meet its 2030 climate commitments, with only about US$1.5 billion expected from domestic sources, leaving roughly 90% dependent on external funding. Policymakers and financial institutions say the country must develop credible, investment-ready frameworks and bankable projects to attract private capital, particularly for adaptation and decarbonisation efforts in carbon-intensive sectors.

    22 April 2026 · The Namibian →

Sunday 12 April

  1. Namibian corporate communicator joins Prisa executive committee

    Victoria Raimond, corporate communications manager at Namfisa, has been selected to serve on the executive committee of the Public Relations Institute of Southern Africa (Prisa) Namibia. Raimond says the position provides a platform to advance professional development and ethical communication practices in the country.

    12 April 2026 · The Namibian →

Thursday 2 April

  1. Ndateelela Shilongo-Alexander appointed government attorney

    The Office of the Attorney General has appointed Ndateelela Shilongo-Alexander as substantive government attorney, effective immediately. Shilongo-Alexander, a former director at law firm Sisa Namandje & Co., is an admitted High Court practitioner with over a decade of experience in civil litigation, labour law, administrative law and commercial law.

    2 April 2026 · The Namibian →

  2. Medical aid funds post N$293.6m profit in quarter

    Namibia's medical aid industry recorded N$293.6 million in profit over three months, with the market dominated by three companies holding 82.5% of assets. Total industry membership grew to 224,078 beneficiaries as at 31 December 2025, driven by increases in non-pensioner members.

    2 April 2026 · The Namibian →

Wednesday 1 April

  1. NBFI sector assets surge to N$552bn amid robust growth

    Namibia's non-banking financial institutions have grown total assets to N$552 billion, reflecting 4.7% quarterly and 16.6% year-on-year expansion driven by strong investment performance, according to Namfisa data. Consumer complaints declined to 90 during the quarter, resulting in N$1.7 million in compensation payouts.

    1 April 2026 · New Era →

Tuesday 31 March

  1. Microlenders lose N$200m as finance ministry ends payroll system

    The Namibian Financial Institutions Supervisory Authority reports that Namibian microlenders lost about N$200 million in three months after the Ministry of Finance discontinued the Payroll Deduction Management System, reducing total consumer debt to N$7.5 billion. Term-loan disbursements fell 73.5%, though the number of borrowers increased 16.3% and payday lending rose 11%.

    31 March 2026 · The Namibian →

Monday 30 March

  1. Namfisa clarifies retirement fund cash entitlements under new act

    Namibia's Financial Institutions Supervisory Authority has clarified that existing commutation rules for retirement benefits will remain unchanged when the Financial Institutions and Markets Act commences. The clarification confirms that pension, retirement annuity, and preservation funds retain one-third cash entitlements at retirement, while provident funds maintain 100% lump-sum entitlements under current tax law.

    30 March 2026 · The Namibian →

Friday 27 March

  1. Namfisa confirms lump sum retirement payments unchanged

    The Namibia Financial Institutions Supervisory Authority has confirmed that lump sum cash entitlements on retirement will remain unchanged when the Financial Institutions and Markets Act is implemented, addressing concerns raised by the retirement fund industry.

    27 March 2026 · The Namibian →

Thursday 26 March

  1. Bank of Namibia and NAMFISA sign updated cooperation agreement

    The Bank of Namibia and the Namibia Financial Institutions Supervisory Authority have signed an updated Memorandum of Agreement to strengthen cooperation in regulating Namibia's financial sector. The framework enables information sharing, joint supervision, joint investigations, and coordination on emerging risks and financial technology matters.

    26 March 2026 · Informanté →

  2. Bank of Namibia and Namfisa strengthen financial oversight partnership

    The Bank of Namibia and the Namibia Financial Institutions Supervisory Authority have signed an updated agreement to improve cooperation in regulating and supervising the financial sector, including joint supervision, information sharing, and support for fintech development. The partnership aims to safeguard financial stability, protect consumers, and align Namibia with international standards.

    26 March 2026 · The Namibian →

Namibia Minute