N$90 million disbursed to young entrepreneurs by NYDF

NAMPA

2026-09-16

WINDHOEK, 02 September 2026 - Minister of Finance, Ericah Shafudah, addresses members of the public during the Creative, Sport and Tourism Expo, that was held at the Hage Geingob Rugby Stadium in Windhoek in September 2026. (Photo: Hesron Kapanga) NAMPA

WINDHOEK, 16 SEP (NAMPA) – The National Youth Development Fund (NYDF) has approved approximately N$135 million in financing and disbursed about N$90.8 million to beneficiaries since its establishment, the Ministry of Finance said on Tuesday.
In a media statement, the ministry stated that the fund, which forms part of Government’s Sixth National Development Plan (NDP6), provides financing without conventional collateral requirements to support you...

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