Namibian PM urges pension fund to boost domestic investments

WINDHOEK, June 10 — Namibian Prime Minister Elijah Ngurare on Wednesday urged the Government Institutions Pension Fund (GIPF) to increase investments in domestic development projects to support economic growth and strengthen public confidence in the country’s largest pension fund.

Speaking at the launch of the GIPF 2026-2029 Strategic Plan in Windhoek, Ngurare said the fund should play a greater role in advancing Namibia’s national development agenda by investing in key sectors such as infrastructure, healthcare, housing, food security and manufacturing.

“As a responsible institutional investor, GIPF must work closely with its asset managers to allocate capital to sustainable development initiatives that generate measurable social and environmental outcomes,” he said.