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Youth fund backs 42 startups – Windhoek Observer
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Youth fund backs 42 startups – Windhoek Observer
Chamwe Kaira The National Youth Development Fund (NYDF), launched in September, has disbursed N$14.78 million to 42 startups, executive director in the Ministry of Finance Michael Humavindu has revealed. The fund is capitalised at N$500 million, with N$257 million available for the current financial year. It is being implemented by the Development Bank of Namibia (DBN), Agribank and the Environmental Investment Fund (EIF) to close financing gap…
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