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Namibia challenged to invest back in the economy
Namibia challenged to invest back in the economy

Namibia challenged to invest back in the economy

Wetumwene Shikage
Staff reporter



The Namibia Institutional Investors Forum is bringing together policy makers, asset owners, fund and asset managers, thought leaders, investment consultants, legal practitioners, among other key players in the industry to engage one another on various asset classes in Namibia as well as investment policies affecting and/or impacting investing in Namibia. Under the theme “Harnessing Alternative Investment to Drive Economic Recovery which will be held in Swakopmund on 10 & 11 March 2022, various captains of industries have joined hands.



The focus on alternative investments has never been more relevant as the investment community continues to solidify their commitment to curb key global challenges that are highlighted in the United Nations Development Programme (UNDP)’s Sustainable Development Goals (SDGs) as well as Namibia’s own Harambee Prosperity Plan II. It is against this background that the MNCapital Group’s CEO, Michael Ndinisa. With the support of its various strategic partners, this conference is possible. For over a decade, Ndinisa has been conducting country-specific programmes in an effort to provide platforms for key players in the investment community and policy makers to come together, engage one another on investment opportunities applicable to that particular country, as well as what needs to be done to move beyond just investment discussions to deal signing.

He continues to say that “Climate change and, most recently, the Covid-19 pandemic continue to shift the scale as far as institutional investors’ traditional approach to investment is concerned. Institutional investors are gravitating towards sustainable investing and there’s no better timing to enter the new year with more creativity to harness what is already in existence, Ndinisia mentioned.”

This conference includes; environmental, social and governance (ESG) factors considerations, socially responsible investing (SRI) as well as impact investing, swiftly changing the position of ‘alternative investment’ from a ‘by the way’ approach to a mainstream investment strategy. Chief Executive Officer of the Development Bank of Namibia, Martin Inkumbi says, “Namibian institutional investors can play a pivotal role in unlocking infrastructure projects among others, railways, renewable energy, housing and others, such as agriculture and propel Namibia’s economic growth to a new level. Institutional capital can also be deployed as patient capital in forms of equity and quasi equity to catalyze and take especially manufacturing enterprises from brown fields to mature enterprises.

The important and imminent benefit of an investment intervention is saving Namibian enterprises from collapsing during the current depressed economic cycle, preserving current and future employment and sustaining economic growth.”

Another guest speaker James Mnyupe, presidential economic advisor and Namibia’s green hydrogen commissioner commends this conference and urges private sector and corporate sectors to join the discussion at hand. Mnyupe noted that, “there is significant interest from the Global Capital markets for assets that meaningfully answer the call for profitable investments which respond to SDGs and the sustainable decarbonization of industrial infrastructure. Namibia is ideally positioned to contribute to this discourse and astute investors in Namibia can be at the forefront of creating this sustainable value for clients and society at large.” His involvement in various industry and national bodies have offered him a unique perspective from which to contribute to various dialogues and initiatives that look to deploy assets more effectively across various opportunity sets, locally and regionally.

A key outline of attending this conference will include; engaging in policy makers and industry regulators as they discuss Namibia specific reforms and regulatory frameworks, market trends and the current environment, discover best industry practices presented by top industry thought leaders, networking with senior decision makers and key investment professionals and solidify existing and new business relations and increase your brand visibility.

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Republikein 2024-11-15

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