Also known as: Welwitschia Fund
Sovereign wealth fund designed to save revenue from fishing, mining, and other natural resources for future generations, with legislation at advanced stage.
President Netumbo Nandi-Ndaitwah told parliament that legislation for the Welwitschia Sovereign Wealth Fund — designed to save revenue from fishing, mining and other natural resources for future generations — has reached an advanced stage. She cautioned that the fund should not be misused as a slush fund for immediate spending on roads and schools.
12 April 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah told parliament that legislation for the Welwitschia Sovereign Wealth Fund — designed to save revenue from fishing, mining and other natural resources for future generations — has reached an advanced stage. She cautioned that the fund should not be misused as a slush fund for immediate spending on roads and schools.
12 April 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah answered questions from opposition MPs on the Welwitschia Sovereign Wealth Fund, land delivery, Germany's genocide reparations deal, the veterinary cordon fence, and various economic and governance matters during parliament on Wednesday.
12 April 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah announced that Norway's government has agreed to provide technical support for developing Namibia's oil and gas sectors, citing Norway's international leadership in accountability and effective use of oil revenue. The President also defended her decision to place oil and gas supervision under the Presidency as a guard against the resource curse and urged Parliament to urgently pass the petroleum amendment bill to enable her oversight of upstream oil and gas activities.
9 April 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah delivered the 2026 state of the nation address on 8 April, outlining government progress on economic growth, human development, environmental sustainability, and governance. The address highlighted achievements including GDP growth projection of 3.1%, 130,000 new jobs registered, major investments in mining and renewable energy, and sectoral initiatives in agriculture, education, health, housing, and sports aligned with the sixth national development plan and Vision 2030.
9 April 2026 · The Namibian →
Swapo MP Tobie Aupindi has proposed a "Commodity Dividend Model" under which Namibia would receive mining and resource dividends in physical commodities like gold, uranium, and lithium rather than fiat currency, arguing this would protect the country against inflation and currency volatility while building a strategic reserve. Aupindi also called for greater industrialisation, more effective taxation of mineral rents, reform of state-owned enterprises, and a shift from passive SACU reliance toward regional value chains and manufacturing.
12 March 2026 · New Era →
President Nandi-Ndaitwah reported at the African Peer Review Mechanism Summit that the National Youth Development Fund, established in 2025 with N$500 million capitalisation, created over 700 jobs in the 2025/26 financial year through loans and grants without collateral requirements. Namibia is also addressing youth unemployment through free tertiary education, mandatory internship programmes, and vocational training centres across all 14 regions.
26 February 2026 · New Era →
President Netumbo Nandi-Ndaitwah presented Namibia's progress report on youth unemployment at the African Peer Review Forum, outlining reforms including education transformation, vocational training expansion, and the Welwitschia Fund to boost job creation. She also urged African leaders to prioritise water security and sanitation as central to the continent's development agenda.
14 February 2026 · Informanté →
President Netumbo Nandi-Ndaitwah announced that N$62.3 million from the National Youth Development Fund has been disbursed to 140 youth projects, creating approximately 722 jobs. The N$500 million fund, launched in 2025, provides loans and grants to young entrepreneurs without collateral requirements.
14 February 2026 · The Namibian →
An opinion piece argues that Namibian CSOs have become trapped in donor-dependent cycles, driven by foreign funding priorities rather than local needs, and proposes reforms including a national civil society fund, government service contracting, domestic resource mobilisation, and stronger accountability to communities rather than foreign donors.
30 January 2026 · New Era →
An opinion piece examines Bernadus Swartbooi's calls for southern Namibian independence in light of historical land dispossession and upcoming oil revenues, arguing that Nigeria's civil war over oil-driven regional wealth division offers cautionary lessons for resolving Namibia's north-south divide through fair resource sharing rather than armed conflict.
28 January 2026 · The Namibian →