Namibia: AfDB Boosts Economic Reform With N$10 Billion Loan to Namibia

Windhoek — The African Development Bank (AfDB) has availed more than N$3 billion to Namibia, as a loan to finance the country's development programme this year, specifically focusing on economic governance and improving competitiveness.

The continental development bank announced the financing package this week, saying while there has been economic progress over the last two decades there is an urgent need to boost the country's public finance management and business environment.

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