Women-Led Businesses Get $88M Boost in Namibia
Namibia Launches $88M ‘DBN For Her’ Facility to Unlock Women-Led Business Growth | Business
The programme is anchored in a ZAR 1.5 billion ($88 million) line of credit extended to DBN, with ZAR 400 million ($23.3 million) ring-fenced specifically for women-owned businesses.
Namibia's Development Bank has launched "DBN For Her," a dedicated financing initiative with $88 million to support women entrepreneurs. The program allocates $23.3 million specifically for women-owned businesses, aiming to unlock economic growth and gender-inclusive development. This substantial investment represents a major commitment to closing the funding gap for female business leaders.
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