DBN & DBSA jointly pledges N.dollars 8 billion in finance at growth summit

The Development Bank of Namibia (DBN) and the Development Bank of Southern Africa (DBSA) have jointly pledged N$8 billion in finance for infrastructure requirements in Namibia. The pledges consist of N$3 billion for Namwater to develop water projects, N$2.5 billion for Nampower, for electricity generation and transmission, and N$2.5 billion pledged to TransNamib for acquisition…