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Namibia: Walvis Bay group raises funds, set to pay off N$2m debt – News

Namibia: Walvis Bay group raises funds, set to pay off Nm debt – News

Africa Links 24 with Taati Nilenge
Published on 2025-02-19 17:00:00

Members of the Walvis Bay Backyard Tenants group have managed to pay off most of their N$2.3 million debt to the Walvis Bay municipality after being allocated portion 19 of farm 37.

The 46-hectare land with 686 residential plots was allocated in March 2024, and the group have paid N$2.1 million over the last 11 months.

Group vice chairperson Immanuel Festus told The Namibian on Friday the group began fundraising activities upon its founding in 2023.

“We promised the municipality…

Read the Full article on The Namibian

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