Home Africa Namibia: African Development Bank commits N$30.3 billion to Namibia’s economic transformation plan...

Namibia: African Development Bank commits N$30.3 billion to Namibia’s economic transformation plan – News

Namibia: African Development Bank commits N.3 billion to Namibia’s economic transformation plan – News

Africa Links 24 with The Brief
Published on 2025-12-08 07:10:39

The African Development Bank (AfDB) Group has approved an allocation of N$30.3 billion (US$1.78 billion) for Namibia under its newly adopted Country Strategy Paper for 2025-2030.

The programme aims to strengthen infrastructure, human capital and economic diversification.

Moono Mupotola, the group’s deputy director general for southern Africa and country manager for Namibia, says the five-year programme is designed to tackle inequality and long-standing structural…

Read the Full article on The Namibian

Previous articleBenin’s President Talon thanks army leaders for “remaining loyal” in face of attempted coup
Next articleLibya: Tunisian Customs seizes more than 900 thousand dollars and 14 kg of gold before being smuggled from Tunisia to Libya