Africa-Press – Namibia. FOUR Namibian micro, small and medium enterprises (MSMEs) are in search of investment, and are set to meet with the World Bank Group, International Financing Company (IFC) and Bloomberg alongside the United States (US)-Africa Leaders’ Summit.
Through the Namibia Investment Promotion and Development Board (NIPDB) these MSMEs are connecting with potential investors for opportunities to secure grant funding, offtake and open access to new markets.
The MSMEs include Wapa-Nawa Recycling Centre, which is a Rundu-based business that makes bricks and pavers from recycled plastic waste and sand.
“We have set up a small site that has a warehouse, and melting pots that use firewood in order to melt the plastics.
“We have established a buyback centre where 50 women take their plastics to be sold to the centre – at the same time creating employment.
“We have set up a programme of school visits to create awareness, and we have also set up content creation by uploading episodes that speak about reducing, reusing and recycling,” owner Ladislaus Shikerete says.
Kamatjona is an MSME which redefines how young people live, work and travel by providing digital nomads mainly from northern and western Europe with services.
The investment board recently launched the Namibia digital nomad visa, which allows individuals to live and work in the country for up to six months.
“We offer long-stay tourism packages, targeted at digital nomad, remote workers and exchange students,” Tutaleni Nangolo says.
Black Gold Engineering is also part of the group and manufactures and distributes LED lights which are cost effective, environmentally friendly and 100% recyclable.
The company’s patent is registered across five continents, namely Africa, Asia, Europe, North America and Oceania.
“Our LED lights reduce energy consumption by up to 70%, promoting cost savings and environmentally safe lights,” says founder Pedro de Fonseca.
Lastly, Mekenificent is an MSME which focuses on providing affordable food systems.
This enterprise wants to provide infants and vulnerable people in Namibia with a diversified, balanced and healthy diet to reduce stunted growth and poor health.
“Namibia has a big issue with children stunting. Breastfeeding has become a struggle in the country, and my business deals with addressing this gap with traditional nutritional supplements.
“Through this it can solve this issue and boost employment,” Mekenificent head Meke Namindo says.
These MSMEs will participate in a Bloomberg meeting themed ‘A Sustainable Africa through Investment, Innovation, and the Future of Global Trade’.
A number of chief executive officers are expected to attend the meeting, including North American Siemens Energy president Richard Voorberg, and deputy head of UBA America Theresa Hensaw.
United Bank Africa is the only sub-Saharan African bank with an operational banking licence in the US.
For More News And Analysis About Namibia Follow Africa-Press
