Namibia’s debenture market is small and illiquid.

"The government will guarantee a N$500 million, concessional rate loan scheme for non-agricultural small businesses, with funds provided through the Development Bank of Namibia. DEVELOPMENT BANK OF NAMIBIA Ongwediva Namibia. Given the dominance of commercial bank financing in Namibia’s business sector, the question naturally arises whether there is a need for a different more “patient” form of business finance which is better suited to the needs of smaller, less well-
Wednesday’s approval builds on the achievements recorded over the past two years. Aggregate demand fell sharply in 2016 and 2017 as the government began fiscal consolidation to correct growing imbalances from high public spending and falling revenues from the Southern African Customs Union (SACU).

In our view, DBN is strategically important to Namibia as the country's primary development bank, incorporated by an act of parliament with a mandate to finance socio-economic development.
Eligibility Viable start-up of a business with potential for sustainability. NAMIBIA has received a N$10 billion loan from the African Development Bank (AfDB) to bridge its budget deficit. SearchInAfrica.com - Business Directory and online map for information on business, community, government, entertainment & recreation for Africa The Board of the Development Bank of Namibia has extended the tenure of CEO Martin Inkumbi for another five years. Expansion of an existing business. Inkumbi was initially appointed as CEO in 2013 following a period as Acting CEO in the wake of the departure of founding CEO David Nujoma. The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the Namibia Economic Governance and Competitiveness Support Programme, EGCSP. bank loans. The Development Bank of Namibia Limited (DBN)’s Loan Facilities assist businesses to start or expand their business operations with loans offered by the DBN and the minimum loan amount starts from N$ 150,000. Namibia Economic Outlook Real GDP, which peaked at 6.1% in 2015, contracted by an estimated 1.0% in 2019, following a 0.5% contraction in 2018. AN investigation into a loan that rocked the Development Bank of Namibia (DBN) involving at least N$120 million in which senior officials in the SME credit department allegedly approved tenders to companies fronted by their proxies, has now progressed to an advanced stage.