NAMIBIA INFRASTRUCTURE FUND (NIF)

Totaling to NAD 835 million (USD 46.6 million) in assets under management. With one of the NIF projects, Rocky Crest Extension 4, being the awarded winner of the Large Enterprise category at the 2022 edition of the Development Bank of Namibia (DBN) Good Business Awards. A category that takes into consideration job creation, local sourcing, sustainable and innovative use of resources, sound administration of the enterprise and good governance.

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RENEWABLE ENERGY

  • To Support Harambee Prosperity Plan II Pillar 4; Energy supply security to increase
  • local electricity generation capacity from 600 MW to 879 MW
  • Reduce fossil product pollution, by providing affordable clean energy sources
  • Bring Light and heat to low-income communities
  • Safer cooking fuel alternative (substituting paraffin and wood stoves)
  • Exposing rural communities to leverage technology

TELECOMMUNICATION INFRASTRUCTURE

  • Provide access to open-access fiber to all urban households
  • Connect the Namibian population to the world through fast and affordable internet connectivity
  • Improve the quality of products and services offered by businesses through improved access to research
  • Ease of access for pupils and students to internet and global information to support studies
Fund Type
Trust
Target Fund Size
N$2 billion
Investment Structure
Energy & ICT
Sector Focus
Energy & ICT
Targeted Return
IRR 15%
Fund Term
15 YEARS
Regional Focus
Africa
Fees
Fee: 0.5% - 2% on Committed Capital
Risk Profile
High cash flow predictability
Reduce relative risk exposure

Trustee of NIF

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