The Development Bank of Namibia (DBN), in collaboration with Agribank, hosted a two-day Financial Management Workshop for farmers as part of the National Mentorship and Coaching Program (NMCP).
The NMCP initiative aims to promote small businesses across Namibia by equipping them with essential entrepreneurial skills.
The workshop is designed to empower farmers with the principles of running a business, covering crucial financial management topics. Many farmers possess the technical skills to manage their activities but lack the financial know-how to operate their farms as businesses, and this workshop is here to bridge that gap.
“NMCP stands as a testament to Namibia’s unwavering commitment to nurturing a thriving SME sector and fostering economic growth,” DBN CEO John Steytler told the 50 farmers who were in attendance.
The bank launched the mentorship program, aimed at equipping SMEs with entrepreneurial skills and empowering them to enhance their competitiveness and recognize available resources for expansion, in July last year.
