Finance & Inclusion

money in Namibia

Building a resilient economy through innovative banking, support for MSMEs, and empowering communities.

Namibia’s financial sector is a dynamic force for economic empowerment, focused on expanding access and creating meaningful opportunities for all citizens.

Hosting the World: Namibia will showcase its progress as the host of the 2025 AFI Global Policy Forum in Swakopmund. This event highlights the country’s role as a thought leader in inclusive finance, driven by initiatives like the Basic Bank Account Determination, SME Financing Strategy, and Digital Financial Literacy programs.

Institutional Innovation:

  • Agribank: Champions rural transformation with tailored loans for women and youth, and initiatives like the “Branch-on-Wheels” to serve remote farmers.

  • Letshego Holdings: Evolved from a micro-lender into a fully licensed bank, issuing a N$260 million Social Bond to provide productive loans for low-income earners. Over 54% of its loans are used for entrepreneurial purposes.

  • FNB Namibia: A leader in digital access with its zero-rated app and eWallet platform, processing over 25 million transactions annually.

  • RMB Namibia: The preferred banking partner for over 85% of the mining sector, employing sector specialists to finance the entire ecosystem, from major mines to supporting SMEs.

Regulatory Vigilance: The Namibia Competition Commission (NaCC) ensures market fairness, as seen in its landmark settlement with the Payment Association of Namibia (PAN) over anti-competitive practices, safeguarding consumer interests.

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