Africa Links 24 with Martin Endjala
Published on 2025-04-25 09:58:57
The government’s Welwitschia Sovereign Wealth Fund has grown to N$450 million, the president has announced.
The fund was established to secure generational wealth, which has grown steadily from an initial seed capital of N$262 million in May 2022 to N$450 million in
January this year.
President Netumbo Nandi-Ndaitwah revealed this during her maiden state of the nation address (Sona) in the National Assembly on Thursday.
Meanwhile, stock of international reserves rose to N$63…
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