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AFDB loan support to Namibia exceeds N$9.6 billion

0 March 11, 2026 12:33 pm(https://namibiabusinessreview.com/afdb-loan-support-to-namibia-exceeds-n9-6-billion/)

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STAFF WRITER

African Development bank AfDB Deputy Director General for Southern Africa, Moono Mupotola says the bank has funded projects in excess of US$ 600 million (approximately N$9.6 billion) in the past five years – helping to drive the country’s infrastructure development.

Mupootola described the AfDB as a proud partner of Namibia since shortly after independence.

“ Over the years, we have supported investments and reforms in agriculture, transport, energy, water and sanitation and public sector capacity.