Agribank and the Namibia University of Science and Technology (NUST), through the Harold Pupkewitz Graduate School of Business (HP GSB), have signed a three-year Memorandum of Understanding (MoU) aimed at fostering joint research initiatives to advance Namibia’s agricultural sector.
The agreement seeks to merge academic expertise with practical industry insights, driving progress that will benefit farmers, agribusinesses, and policymakers.
The collaboration will focus on knowledge-sharing and equipping stakeholders with skills necessary to navigate the evolving agricultural landscape effectively.
A key aspect of the MoU is the empowerment of NUST employees, students, Agribank clients, and Agribusiness Advisors with essential competencies in agricultural business management and financial sustainability.
Speaking at the signing ceremony, Director of HP GSB, Hylton Villet, underscored the importance of synergy between academia and industry.
“At NUST, we believe that the collaboration between education and industry is key to driving meaningful progress. This partnership with Agribank is a bold step towards empowering Namibia’s agricultural sector and farmers’ capacity building, especially in the area of business management,” Villet said.
Agribank Chief Executive Officer, Raphael Karuaihe, emphasized the strategic significance of the partnership.
“It represents a strategic investment in Namibia’s agricultural future as it will shape the trajectory of our agribusinesses through research, skills development, and resource sharing,” Karuaihe said.
