The business leaders gathered under the theme "Rethinking Investment Returns in the New Normal - Investing for Impact."

"One important aspect of the COVID-19 period is the fact that we now have two unique key points, pre and post-COVID. Therefore, the sooner we realize that we are all new to the post-COVID period, the better," said Michael Ndinisa, CEO of MN Capital Group, a South African-based company that organized the 2nd Annual Namibia Institutional Investors Forum 2023.

"We are going to make a lot of mistakes, as much as we may have science-based evidence guiding us on how we must approach our day-to-day way of making investment decisions."

The objective of the Forum is to bring together key players within the institutional investment space to engage in matters concerning Namibia's economic recovery and sustainable development and emerge with specific resolutions that will see the country move swiftly towards becoming a thriving economy, where all its citizens play a pivotal role in shaping their economic futures.

The Forum saw some of the country's esteemed thought-leaders presenting on various topical issues. Most of the presentations were primarily focused on alternative and impact investments, highlighting the need for Namibia, as an emerging economy, to look beyond the traditional models of investing and financing thematic projects.

Chief executive officer of the Government Institutions Pension Fund (GIPF), David Nujoma, highlighted that understanding investor perception on investing in Africa, in general, and Namibia, in particular, was paramount to developing the economy.

The Forum continues tomorrow for the second and last day.