Africa-Press – Namibia. The Government Institutions Pension Fund (GIPF) is expanding its focus on sustainable and impactful investments, with a notable shift towards green bonds and climate-related projects.
During the Alliance for Financial Inclusion 2025 Global Policy Forum, GIPF board chairperson Penda Ithindi said the fund is committed to creating tangible socio-economic value for Namibia.
He said there has been a significant surge in green bonds being issued in the country over the last five years.
“The GIPF has taken up N$56 million of the N$227 million Bank Windhoek green bonds issued in June 2021,” he said.
Ithindi said the fund has also invested in sustainability bonds from First National Bank of Namibia, aligning its portfolio with national development needs.
Beyond bonds, the GIPF is actively funding infrastructure projects.
“The GIPF in the alternative investment space has over the past nine years committed N$2.1 billion through various Namibian asset managers for infrastructure projects that are aligned to Namibia’s energy transition and development needs,” he said.
Ithindi said nearly N$1 billion of these funds have already been drawn and invested.
He said the GIPF’s investments are designed to address key social needs, including housing, renewable energy, and public infrastructure.
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