By: Nghiinomenwa-vali Erastus
During its fifth Agriculture Series, Bank Windhoek reaffirmed its commitment to supporting Namibia’s agriculture sector by allocating a portion of its first Sustainability Bond to the industry.
The Villager Business Desk has confirmed that of the N$407 million disbursed through the Sustainability Bond, N$25 million was directed toward agriculture, with an additional N$2 million specifically invested in sustainable agriculture initiatives.
Agriculture plays a pivotal role in the Namibian economy, contributing to livelihoods and self-reliance.
Recognising this importance, Bank Windhoek’s Executive Officer for Business Banking, Leon Koch, emphasised that agriculture remains a priority in the bank’s strategy.
Koch said they have launched various products to support agriculture as a vital industry, including the Sustainability Loan, which has disbursed N$407 million in projects, with the majority allocated to agriculture.
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