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NIPDB showcases Namibian products at Intra-African Trade Fair NIPDB showcases Namibian products at Intra-African Trade Fair NBC Online Fri, 09/05/2025 - 17:43

#Namibia #IntraAfricanTrade #TradeFair #NIPDB #InvestInAfrica

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Presidency Looking At Reviving Investment Promotion Amid NIPDB Shake-Up [Namibian] The government has downgraded the Namibia Investment Promotion and Development Board (NIPDB) to a department at the Ministry of International Relations and Trade.

#Namibia #InvestmentPromotion #EconomicDevelopment #NIPDB #GovernmentPolicy

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NIPDB, NSI ink deal to back MSMEs Allexer Namundjembo The Namibia Investment Promotion and Development Board (NIPDB) and the Namibian Standards Institution (NSI) have signed a memorandum of understanding (MoU) to strengthen the country’s standards ecosystem.  The agreement aims to support micro, small and medium enterprises (MSMEs), boost investment, and improve the competitiveness of Namibian products. The signing took place this week at the Investment House in Windhoek. NIPDB chief executive officer Nangula Uaandja said the agreement shows a shared commitment to building a standards-driven economic environment. “Today’s signing is not just a procedural milestone; it represents our shared commitment to enabling a competitive and standards-driven economic environment that empowers our businesses, attracts investment, and builds confidence in Namibia’s economic offering,” she said. Uaandja highlighted the importance of standards compliance for MSMEs aiming to access formal markets or regional value chains. “Whether an MSME is looking to expand or a foreign investor is assessing the bankability of Namibian industries, a credible standards infrastructure is non-negotiable,” she said. She noted that NIPDB and NSI have already worked together in several areas.  These include the NIPDB’s involvement in NSI technical committees, joint work on the National Standardisation Plan and the National Quality Policy, and the development of a Testing and Certification Factsheet to help MSMEs understand certification requirements. The two institutions also collaborate through the Fatty Oils Productivity Task Force, which addresses certification issues in the oils and cosmetics sector.  Through the SheExports Accelerator Programme, five MSMEs received support to undergo product testing and certification for market entry. NSI chief executive officer Eino Mvula said the agreement builds on an existing working relationship. “This MoU does not mark the beginning of our engagement. It strengthens what has already been an active working relationship,” he said. Mvula said the partnership will help improve access to standards-related information and prepare local businesses to meet regulatory and export demands. “The need for collaboration between investment promotion and our national quality infrastructure is essential. This partnership creates a vital interface that allows us to work hand in hand to pave the way for sustainable economic development, benefiting everyone in society” Mvula said. Mvula also added that By investing in sustainable practices, we are not only addressing climate change but ensuring that our industries can play a long-term role in the global economy. As we experience the rapid changes brought by the Fourth Industrial Revolution, it is crucial that we embed these advancements into our standards framework.  “By working together, we can make certain that Namibia is not only a participant but a leader in this transformative era” he said.  NSI develops and enforces national standards and provides testing, inspection, and certification services. These services help ensure product quality and alignment with international trade rules. The two institutions plan to continue working together to share compliance information with MSMEs, contribute to technical committees in sectors like agrifood and green hydrogen, and support businesses in meeting African Continental Free Trade Area (AfCFTA) standards. They also plan to integrate standards advisory into NIPDB’s business support services so that MSMEs visiting the one-stop centre receive early guidance on certification and packaging. Both organisations said the agreement is part of a broader effort to create a supportive business environment where all enterprises can meet national and international standards.

#MSMEs #Namibia #Investment #NIPDB #NSI

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Top NIPDB investment executive to exit end of July Justicia Shipena The executive for investment at the Namibia Investment Promotion and Development Board (NIPDB), François van Schalkwyk, will be stepping down from his position.  The NIPDB announced on Tuesday that his last working day will be 31 July 2025. NIPDB senior manager for marketing, branding, and communications, Catherine Shipushu, said that after more than four years at the institution, Van Schalkwyk has decided to pursue other interests and relocate to the United Kingdom to spend more time with his young family. Van Schalkwyk joined the NIPDB as one of its first employees and played a key role in shaping the organisation’s investment agenda.  According to NIPDB, he was instrumental in building the investment department, setting up systems and processes that improved efficiency, and assembling a client-focused team. During his time at the NIPDB, he led the team through key milestones, including the inaugural Invest in Namibia event and the operationalisation of the first investment project under the board’s watch.  He also worked closely with government ministries, agencies, and offices to help shape an investment framework that has contributed to a notable rise in foreign direct investment in the country. François, a patriotic Namibian, fully immersed himself in this role and championed Namibia’s potential as a lucrative investment destination with unparalleled energy, passion, and dedication,” said Shipushu.  In his remaining weeks, Van Schalkwyk will support the CEO’s office and his team to ensure a smooth transition.  The NIPDB said the systems and processes he helped establish have positioned the organisation to continue its work effectively during the transition and beyond.

#NIPDB #InvestmentLeadership #ExecutiveExit #Namibia #InvestmentPromotion

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NIPDB Welcomes Realignment to Ministry of International Relations and Trade (MIRT) - allAfrica.com NIPDB Welcomes Realignment to Ministry of International Relations and Trade (MIRT)  allAfrica.com

#NIPDB #MIRT #InternationalRelations #Trade #Africa

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NIPDB welcomes realignment to Ministry of International Relations and Trade (MIRT) Yesterday, President Netumbo Nandi-Ndaitwah announced that the Namibia Investment Promotion and Development Board (NIPDB) will henceforth resort under the Ministry of International Relations and Trade (MIRT). Subsequently, the NIPDB welcomed this strategic alignment, which is part of a broader effort to streamline the government’s economic development agenda and to enhance

#Namibia #NIPDB #EconomicDevelopment #InternationalRelations #Trade

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N$10 million sneaked into NIPDB budget Money reallocated for youth development, ministry says A finance official is accused of secretly adding N$10 million to the budget of the Namibia Investment Promotion and Development Board (NIPDB). The funds have, however, now been redirected to youth development projects, the Ministry of Finance says. The allocation was allegedly made by a senior ministry official without the knowledge or approval of minister of finance Ericah Shafudah, who discovered the discrepancy after reviewing her budget presentation. Ministry of finance spokesperson Wilson Shikoto this week confirmed the incident, saying: “The ministry has reallocated the N$10 million to youth-related projects. Everything regarding the matter has been resolved.” Shikoto, however, declined to reveal information on potential disciplinary action or the identity of the official involved. Sources say Shafudah was upset after discovering an amount of N$10 million was added to the budget at the last minute. “The minister was very upset . . . We are not sure if this individual was instructed by the NIPDB to do that, but it is very disappointing,” a source says. The discovery has prompted an internal investigation. NIPDB spokesperson Catherine Shipushu says the board is not aware of the accusation. “The budget is for the Ministry of Finance. We are not aware of the accusations. This seems to be an internal matter in the ministry and we were not involved in whatever transpired,” she says. The Institute for Public Policy Research in a budget analysis by Robin Sherbourne in April said the national budget speech made no specific mention of the NIPDB. “… which has been in institutional limbo for some time and was created as a Section 21 company in the Office of the President,” he said. Shafudah tabled a N$106.3 billion budget for the 2025/26 financial year in March. “The vote of the Office of the President continues to include main division 05: trade and investment board, which … rise by 11% from N$135.137 million in financial year 2024/25 to N$150.137 million in 2025/26,” Sherbourne said. The post N$10 million sneaked into NIPDB budget appeared first on The Namibian.

#Namibia #YouthDevelopment #Finance #NIPDB #Budget2023

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