Standard Bank, NIFA equip MSMEs for trade competitiveness

Staff Writer 

Trade experts and policymakers met in Windhoek on Thursday to discuss ways to expand regional and continental market access for Namibian micro, small and medium-sized enterprises (MSMEs). 

The discussions took place during the Market Access and Trade Opportunity Evening, hosted by Standard Bank Namibia in partnership with the Namibia Investment and Finance Academy (NIFA).

The event formed part of the Standard Bank Blue Growth Series, an initiative focused on SME growth, financial inclusion and sustainable entrepreneurship. 

Entrepreneurs and MSMEs received insights on trade finance, logistics and practical strategies for entering new markets across borders.

The head of commercial and business banking at Standard Bank Namibia, Helena Amupolo, said the bank remains committed to supporting national growth. 

“This evening is a celebration of purpose in action. At Standard Bank, we live our purpose: ‘Namibia is our home; we drive her growth.’ That means going beyond banking to support the backbone of our economy – our entrepreneurs and MSMEs – by providing not only financial solutions, but also the knowledge, networks, and exposure that help businesses grow sustainably.”

She noted that the blue growth series has already helped emerging businesses formalise, access markets and create jobs. 

“Whether you are an informal trader importing goods, a manufacturer ready to export, or an entrepreneur building your first brand, this platform is for you,” she said.

The executive director at the Ministry of International Relations and Cooperation, Ndiitah Nghipondoka-Robiati, said the government continues to support enterprises seeking to take part in regional and international trade. 

She highlighted the importance of a strong local presence and noted the opportunities created by the African Continental Free Trade Area (AfCFTA).

The event featured discussions on import and export processes, trade finance and regulatory requirements. 

A networking session allowed entrepreneurs to connect with investors, trade facilitators and other stakeholders.

Standard Bank and NIFA said their partnership aims to strengthen inclusive growth and ensure Namibian entrepreneurs are ready to compete in regional and global markets. 

The blue growth series offers mentorship, investment readiness training and market access support to MSMEs across sectors.

Caption

Entrepreneurs, MSMEs, trade experts, and policymakers attended the Market Access and Trade Opportunity evening.

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