The Namibia Investment and Promotion Development Board (NIPDB) and OMDis Town Transform Agency have signed a Memorandum of Understanding to foster the development of Micro, Small, and Medium Enterprises at the former mining town of Oranjemund and across the ||Kharas Region.

OMDis Town Transform Agency is a Section 21 Company, and its sole purpose is to accelerate the transformation of the former diamond mining town of Oranjemund through economic diversification.

The company had received seed funding from the mining giant Namdeb.