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Capricorn Foundation commits N$3.24m to youth banking programme

by reporter
April 13, 2026
in Latest
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The Capricorn Foundation, in partnership with Bank Windhoek, has launched the 2026/2027 Emerging Bankers Programme, committing N$3.24 million to support a second cohort of young Namibians entering the financial services sector.

The programme, forms part of Bank Windhoek’s Young Talent Development Programme and targets school leavers, particularly from rural and underserved areas, who lack access to tertiary education or funding.

Thirteen participants have been enrolled in the new intake, which will run for 18 months and provide structured workplace training, mentoring and practical experience across Bank Windhoek branches.

Capricorn Group Chief Executive Officer David Nuyoma said the programme is designed to bridge the gap between talent and opportunity.

“At the Capricorn Group, we believe talent is everywhere, but opportunity is not. The Emerging Bankers Programme is about opening doors, building confidence and giving young people the support they need to take their first steps into the world of work. Developing talent is both a strategic priority and a responsibility, because the future of our Group and our industry depend on the people we nurture today,” he said.

The second intake follows the completion of the inaugural cohort in 2025, where participants gained workplace experience, with some transitioning into permanent roles or further training.

According to the 2023 Labour Force Report, Namibia has more than one million young people aged between 15 and 34, many of whom are not in employment, education or training.

Capricorn Foundation Executive Director Marlize Horn said the programme demonstrates the impact of structured investment in youth development.

“The Emerging Bankers Programme demonstrates what is possible when organisations invest in young people in a meaningful and structured way. Through this N$3.24 million investment, we are not only creating access to work experience, but also helping young Namibians build confidence, purpose and a foundation for long-term careers. This is how sustainable change is created,” she said.

Bank Windhoek Managing Director James Chapman said the initiative is critical in building the future skills pipeline of the banking sector.

“By investing in young talent, we are strengthening the future skills pipeline of the banking sector. What makes this Programme particularly significant is its national reach. It is implemented across our network, with a deliberate focus on rural and underserved communities, where employment opportunities are often scarce and difficult to access. By extending this opportunity beyond urban centres, we are ensuring that no talent is overlooked and that young people, regardless of where they come from, are given a fair chance to succeed, therefore contributing to a more inclusive Namibian economy,” he said.

The participants will be placed at Bank Windhoek branches near their home communities, allowing them to gain experience while remaining connected to local economies.

The group said the programme forms part of broader efforts to improve youth participation in the financial services sector and expand access to employment opportunities.

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