Nedbank Namibia has announced the conclusion of a funding agreement with Achill Island Investments (Pty) Ltd, an agricultural enterprise operating in the Aussenkehr Valley.
The deal marks the beginning of a strategic partnership aimed at advancing Namibia’s agricultural sector.
The financing will support Achill Island Investments and its sister farm, Silverlands Vineyards, in expanding operations and strengthening sustainable farming practices.
Together, the two farms cultivate over 900 hectares of table grapes and date palms under the Silverlands brand, supplying premium produce to international markets.
During peak season, the operations employ about 4,000 workers.
Silverlands Namibia is part of a broader agricultural group with operations across Southern and East Africa.
he group is recognised for its commitment to climate resilience, inclusive growth and community empowerment. It also supports smallholder farmers across sub-Saharan Africa by providing access to quality seeds, training and market opportunities.
According to the group, these interventions are transforming livelihoods and driving agricultural innovation.
Silverlands’ Namibian farms benefit from excellent growing conditions, which allow for the early harvesting of table grapes and the production of high-quality dates.
The group’s strategic outlook includes further innovation and expansion to reinforce Namibia’s position as a competitive agricultural player in global markets.
Nedbank Namibia’s Chief Commercial Officer, JG van Graan, said the transaction reflected the bank’s focus on supporting critical sectors.
“This partnership with Achill Island Investments is a powerful example of how Nedbank is enabling growth in sectors that matter,” he said. “Agriculture is a cornerstone of Namibia’s economy, and we are proud to support a client that combines operational excellence with a deep commitment to sustainability and social impact.”
Nedbank added that it remains committed to backing clients who are shaping the future of agriculture through technology, finance and sustainable practices.
