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Development board clarifies SME fund allocation

The Namibia Investment Promotion and Development Board (NIPDB) has clarified that only part of the £800 000 (about N$16.8 million) ProSME fund will be distributed as grants to small businesses.

The Namibian30 Jul 2026, 03:00 pm
Development board clarifies SME fund allocation

The Namibia Investment Promotion and Development Board (NIPDB) has clarified that only part of the £800 000 (about N$16.8 million) ProSME fund will be distributed as grants to small businesses.

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NIPDB spokesperson Catherine Shipushu made the clarification in a media statement issued on Monday.

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Originally published by The Namibian on 30 Jul 2026, 03:00 pm. View original article
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