FNB, Basecamp in SME development partnership

August 22, 2023

First National Bank Namibia has partnered with Basecamp Namibia to support the development of the country's SME sector.

FNB Commercial has committed N$900,000 to the Basecamp Business Incubator, while the FirstRand Namibia Board has allocated an overall budget of N$5 million for specific initiatives within the SME/Growth Segment.

"Our goal is to empower SMEs with growth opportunities and skill development, thereby creating a positive impact and promoting long-term sustainable value for society," said Tomas Iindji, Head of Business Banking at FNB.

The Basecamp Business Incubator Hub is a social enterprise that operates as a non-profit company. It was established to function as an incubation and innovation hub, contributing to the development of a thriving Namibian and African startup ecosystem, where new and innovative ideas can flourish and evolve into sustainable businesses.

Its vision is to lead the transformation of Namibian startups into future-ready pioneers in innovation, economic growth, and entrepreneurial excellence.

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Last modified on Wednesday, 23 August 2023 16:00

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