Thursday, September 10, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

NCRST mobilises N$91m to advance science and innovation

by reporter
October 15, 2025
in Latest
9
A A

The National Commission on Research, Science and Technology (NCRST) says it has mobilised a total of N$91.1 million to advance national scientific and technological development.

According to the NCRST’s Integrated Annual Report for 2024/25, the Commission secured N$45 million in government funding for operational expenditure and an additional N$46.1 million through external grants, partnerships and sponsorships.

These funds supported programmes in biotechnology, artificial intelligence, renewable energy and innovation-driven entrepreneurship.

Despite higher programme costs, the NCRST achieved a 94% execution rate for both operational and external budgets, while maintaining an unqualified audit opinion for the year.

“Financial stewardship remained a priority and NCRST achieved once again an unqualified external audit opinion. Furthermore, NCRST successfully mobilised NAD 46.1 million cumulatively in external funding in addition to the government budgetary allocation of NAD 45 million for operational expenditures,” the report stated.

During the year, the NCRST recorded an 82% stakeholder satisfaction rating, a 76% awareness level of its mission, and a 72% brand audit score, reflecting growing public trust in the institution’s leadership.

Key achievements included the launch of the Sustainable Bioeconomy Strategy (2024–2029), the Second National Programme on Research, Science, Technology and Innovation (NPRSTI-II), and the National Research and Experimental Development Survey.

The Commission also established the National Indigenous Knowledge Systems Council (NIKSC) and an Artificial Intelligence Working Group, while partnering with UNESCO to conduct Namibia’s first AI Readiness Assessment. Namibia further gained continental recognition when the NCRST was appointed co-lead of the Innovation Agencies of Africa (IAA) Network.

In addition, the Commission resumed work on the long-delayed National Biotechnology Testing, Training and Research Laboratory (NBTTRL) project, which had been on hold since 2016.

The project progressed with the completion of the Environmental Impact Assessment, fencing and topographical work, marking a key milestone towards establishing Namibia’s biotechnology hub.

“NCRST held a ground-breaking ceremony to commence the fencing of the site for its capital project, as this project had been stalled since 2016,” the report noted.

Operationally, the NCRST accelerated its digital transformation efforts through the automation of its Finance Approval System, enhancement of the Online Grant Management System and digitalisation of the National Science Fair platform.

Public participation in science outreach increased sharply, with entries for the National Science Fair doubling, while Namibia earned its first medal at the Pan-African Mathematics Olympiad.

The report also highlighted the Commission’s continued work in promoting inclusive innovation through the National Innovation Challenge for Women (NICW), youth STEM initiatives and grassroots innovation programmes aimed at empowering local entrepreneurs and researchers.

Looking ahead, the NCRST plans to implement the NPRSTI-II, expand the country’s research infrastructure, enhance AI and digital transformation frameworks, and mobilise additional resources to strengthen Namibia’s innovation ecosystem.

author avatar
reporter
See Full Bio
Previous Post

Bank of Namibia cuts repo rate to 6.50%

Next Post

Building Namibia’s future maritime strength means investing in local marine pilots

Must Read

Smiling woman with shoulder-length brown hair in a white blouse sits against a blue wall, looking at the camera.
Green Hydrogen

KfW says development finance key to scaling Namibia’s green industries

September 10, 2026
Speaker at a podium delivering the keynote at the African Green Industries Summit, with a blue screen behind him displaying event details
Latest

Namibia targets 25% secondary industry contribution to GDP by 2030

September 9, 2026
Group of six adults standing with plaques in front of a bright blue wall; woman sits front center in a dark dress with colorful accents.
Latest

MTC, MVA Fund build 61 classrooms to ease rural school infrastructure shortages

September 9, 2026
Shadow AI employees: Why your company needs an AI usage policy
Latest

AI is already at employees’ desks. Is your board ready to govern AI?

September 9, 2026
Seedlings sprouting from stacked coins on soil beside a moss ball labeled CO2, symbolizing green investment and sustainability.
Latest

Namibia eyes carbon markets as new source of climate finance

September 8, 2026
Close-up portrait of a woman wearing a gray blazer over a black-and-white striped top, facing the camera against a gray background.
Latest

Psychological safety: The missing ingredient in high-performing teams

September 4, 2026
Load More

Related News

Former Debmarine Namibia CEO, joins NAMCOR board

Former Debmarine Namibia CEO, joins NAMCOR board

May 31, 2023
Moody’s plans to buy Global Credit Rating

Moody’s plans to buy Global Credit Rating

February 3, 2022
RMB Namibia wins Best Treasury and Cash Management Bank award for the 4th time

RMB Namibia wins Best Treasury and Cash Management Bank award for the 4th time

June 16, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.