Welwitschia Sovereign Wealth Fund

“The local brokerage firm says the 2023 draft Bill is "not ready to enact" ahead of its anticipated tabling in Parliament this month, despite the fund having grown to N$508.47 million as at July 31, 2026, with an annualised return of 15.5% since inception.”

“The country's Gold Acquisition Project had reached 10 716.90 fine troy ounces of locally produced gold, valued at approximately N$767.7 million, by early August 2026, while the Welwitschia Fund recorded a 9.4% return during the first half of the year.”

“The Welwitschia Fund recorded a 9.4% return during the first half of 2026, outperforming its benchmark by 6.4 percentage points.”

“Fiscal certainty: a stable and transparent framework, with petroleum revenues managed for the long term, including through the Welwitschia Sovereign Wealth Fund.”

“He also highlights the Welwitschia Fund, established in 2022, as an important mechanism for converting temporary resource revenues into long-term financial assets for future generations.”

“The Welwitschia Fund has at 31 July recorded an annualised return of 15.5% since inception four years ago and reached a market value of US$30.85 million, or N$508.47 million.”

“He also highlighted the Welwitschia Fund, established in 2022, as an important mechanism for converting temporary resource revenues into long-term financial assets for future generations.”

“The Welwitschia Fund has managed its money well, growing on investment returns alone since its seed capital to roughly N$453 million, and what it needs before the first oil is a rule on what share of petroleum revenue flows into it.”

“The proposed Welwitschia Fund legislation, it says, will be important in ensuring future revenue from natural resources if managed prudently.”

“Our Welwitschia Fund, holding roughly N$460 million as of March 2025, is the seed of that promise.”