BFS Fund Manager has appointed Theopolina Kapani-Emvula as its Chief Executive Officer, effective December 2025, as the investment firm moves to scale its support for Namibian small and medium-sized enterprises (SMEs).
Kapani-Emvula takes over leadership of the unlisted investment manager at a time when demand for growth capital among local businesses is rising, particularly in sectors linked to infrastructure, supply chains and emerging industries.
The company said her appointment signals a renewed focus on expanding financing solutions and strengthening its role in supporting enterprise development across the economy.
Kapani-Emvula brings experience in engineering, infrastructure advisory and project finance, having held leadership roles in both Namibia and Europe. Her background is expected to support BFS Fund Manager’s efforts to deepen its participation in complex, capital-intensive sectors while maintaining a focus on SME financing.
“My hope for BFS Fund Manager is that it continues to be a trusted, high-integrity institution that mobilises capital with purpose, enabling SMEs and credible enterprises to grow, strengthening local value chains and delivering measurable impact for Namibia’s economy,” she said.
BFS Fund Manager provides funding to Namibian businesses through a range of instruments, including working capital facilities, purchase order finance and performance guarantees. These products are aimed at enabling smaller firms to access capital and participate in larger commercial opportunities.
Under Kapani-Emvula’s leadership, the firm is expected to expand its reach and develop additional funding solutions tailored to the needs of local enterprises.
The appointment comes as Namibia’s SME sector continues to face constraints in accessing finance, positioning investment managers such as BFS Fund Manager as key players in unlocking business growth and supporting broader economic development.
