NIDA releases first annual report in six years

NAMPA
2025-02-26
WINDHOEK, 26 February 2025 - The Namibia Industrial Development Agency (NIDA) exco pictured during the recent launch of its annual report. (Photo: Contributed) WINDHOEK, 26 February 2025 - The Namibia Industrial Development Agency (NIDA) exco pictured during the recent launch of its annual report. (Photo: Contributed)
WINDHOEK, 26 FEB (NAMPA) – After a six-year gap, the Namibia Industrial Development Agency (NIDA) has released its first annual report, detailing the agency’s progress and strategic plans for the future.
The report, covering the financial years 2018/2019 to 2023/2024, reveals a 30 per cent increase in NIDA’s assets, reaching N.dollars 1.37 billion, along with a 20 per cent rise in total income to N.dollars 164 million over the last six years.
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