President Hage Geingob has launched the Welwitschia Fund

Wealth fund to strengthen Namibia’s fiscal stability

Wealth fund to strengthen Namibia’s fiscal stability

Tujoromajo Kasuto President Hage Geingob has launched the Welwitschia Fund, Namibia’s own Sovereign Wealth Fund today. The fund will be administered by the Bank of Namibia under the Jurisdiction of the Ministry of Finance. The president immortalised his vision for shared prosperity through the historic launch of Sovereign Wealth Fund, as it will secure generational wealth for posterity. “I hope today is a day our children will remember with gratitude & national pride b/c we have taken concrete steps to provide a better future for them. A day when we, as a founding generation, leave them a legacy that they…
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