Namibia and the World Bank have signed a five-year deal to work together to create jobs and drive economic growth in the south-west African country.

The two-prong strategy of the Country Partnership Framework (CPF) will be guided by the underlying theme of digital transformation to address the long-term creation of jobs and to improve public access to quality public services, reports Engineering News.

It is in keeping with Namibia’s development priorities outlined in the country’s Vision 2030 initiative and the second instalment (2020–2025) of its Harambee Prosperity Plan.

The job creation goal will focus on the renewable and green energy sector, promoting an enabling environment for private-sector development and strengthening macro-fiscal management.

The CPF’s second priority will be to enhance efficiency in education and health services and to improve housing and urban services.

‘The CPF represents a significant shift in the World Bank Group’s engagement in Namibia, which was limited to knowledge and technical cooperation under the previous strategy,’ says World Bank country director Satu Kahkonen.

14 January 2025
Image: Freepik