DBN cheque was handed to Deputy Minister of Sport

DBN provides seed capital for youth

DBN provides seed capital for youth

Staff Writer The Development Bank of Namibia (DBN) has provided N$8 million to finance 28 rural youth enterprises. The DBN cheque was handed to Deputy Minister of Sport, Youth and National Service Emma Kantema-Gaomas to provide seed capital to 28 start-ups during a ceremony witnessed by the Prime Minister Saara Kuugongelwa-Amadhila. Speaking about the significance of the initiative at the official hand-over ceremony Kuugongelwa- Amadhila said that the 28 enterprises are part of a wider initiative to provide funding to 121 rural youth enterprises. She said funding for youth enterprises is an important component of Namibia’s goal to achieve sustainable…
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