Africa has received a climate finance boost after the Green Climate Fund (GCF) approved US$440 million (N$7.44 billion) in new funding, representing 46% of its latest allocations.
This brings Africa’s total share of the Fund’s global portfolio to about US$7.6 billion (N$128.43 billion).
The Environmental Investment Fund (EIF) has approved 26 institutional grants worth more than N$3,7 million, benefiting individuals across various priority sectors.
Of the approved grants, 8 are youth-led projects and 11 are female-led.
The Subsidized Tertiary Education Funding Model was extended to include private institutions to ensure fairness, equity and inclusiveness across the tertiary education sector.
The Government of Japan, in partnership with Food and Agriculture Organisation (FAO) Namibia and the Ministry of Agriculture, Fisheries, Water, and Land Reform (MAFWLR), donated N$48 million towards the agriculture sector.
Land acquisition for agricultural projects was one of the most pressing issues raised by participants during an information session on the National Youth Development Fund application process.
Germany has committed N$876 million to projects in Namibia related to sustainable urban development, vocational training, green and sustainable energy, and sustainable natural resources management.
Stakeholders highlighted the need for improved TB funding for early screening, treatment, and detection.
This call was made during the Tuberculosis and Leprosy National Steering Committee meeting held in Windhoek.
More than N$8.5 billion is needed for the rehabilitation and maintenance of road infrastructure in the country.
This was revealed at the Road Fund Administration (RFA) Business Plan Stakeholders Consultation for the period from 2026/2027 until 2030/2031.
The Walvis Bay Rural Constituency Councillor has advised small business owners to focus more on creative businesses to secure funding.
Florian Donatus was speaking at the handover of machinery and equipment to 20 SMEs valued at N$150,000.
The National Youth Council has disbursed over N$3 million to youth forums funded across the country.
The funding assistance is split between 14 regional forums and 121 constituency youth forums to empower them and mobilise inclusive participation at grassroots level.
