Namibia: Bank Calls for Diversification

11 October 2011

Windhoek — The increase in agricultural loans at a time when Namibia's main export market is in turmoil has the Agribank calling for export market diversification to sustain the country's agricultural industry.

Agribank disbursed loans totalling N$79 million in the second quarter of this year, in addition to N$46 million worth of loans advanced in the first three months of the year, bringing the total loan advances to N$125 million for the first half of the year.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.