Windhoek, Namibia – Today, the Development Bank of Namibia (DBN) disbursed N$1 billion towards the development of critical national healthcare infrastructure programme, marking a significant milestone in strengthening Namibia’s health system.
The programme forms part of Government’s “ROADMAP” initiative, spearheaded by the Ministry of Health and Social Services and aligned with the Medium-Term Expenditure Framework to deliver integrated, high-quality healthcare services. It sits within a broader national effort led by the Ministry of Finance, in collaboration with the National Planning Commission and the Ministry of Health and Social Services, which has identified a funding requirement of N$6.615 billion for priority healthcare infrastructure under the Sixth National Development Plan (NDP6).
In response to fiscal constraints and the resulting funding gap, DBN, alongside the African Development Bank (AfDB), is mobilising financing to support national healthcare infrastructure. DBN’s N$1 billion disbursement will be directed towards the construction and core infrastructure of the Windhoek District Hospital, a 500-bed Class C facility aimed at addressing critical bed shortages in the Khomas Region and easing pressure on existing referral hospitals.
Complementing this investment, AfDB will contribute N$3 billion towards the procurement of medical equipment, ensuring the facility is fully equipped to deliver modern, high-quality healthcare services upon completion. Together, these investments reflect a coordinated financing approach to delivering a fully functional healthcare facility.
Commenting on the development, DBN’s Chief Executive Officer Titus Ndove highlighted the strategic importance of the transaction:
“This investment demonstrates the power of coordinated financing in addressing national priorities while ensuring a holistic approach to healthcare delivery that will have a lasting impact on communities,” he said. |
Beyond improving access to healthcare, the project is expected to stimulate economic activity through construction, local procurement, and job creation, while also enabling DBN to optimise its balance sheet through the deployment of surplus liquidity into high-quality, development-oriented assets.
DBN remains committed to working alongside Government and development finance partners to bridge funding gaps and accelerate the delivery of infrastructure that underpins Namibia’s long-term socio-economic development.