Finance for mining and quarrying

The Development Bank of Namibia views the mining sector, quarrying and related industries as economic components that are vital to ongoing economic activities in Namibia, by creating employment and generating revenue

 

Among others, the Bank can provide finance for:

  • Plant and equipment

  • Local shareholder equity

  • Mining infrastructure (privately owned roads, etc.)

  • Mining utilities (privately owned renewable energy plants, water treatment facilities, etc.)

  • Enterprises contributing to the mining value chain

  • Contract (tender) based finance for contractors

 Download documents and application below:

 

Application downloads

Mining & quarrying info sheet

Download

Application form for finance

Download

Application guide

Download

Application checklist

Download

Know-your-customer requirements

Download

Environmental and social management

Download

 

Structured, responsive finance for larger projects

The Bank structures finance for mining enterprises to ensure that it promotes long-term viability.

 

It cooperates with applicants to develop a deep understanding of business models and enterprise milestones, so that it can develop viable financing models that take sustainability, risk and growth into account.

 

SMEs

The Bank defines SMEs as enterprises with an annual turnover of less than N$10 million. SME start-ups and expansion plans can be serviced by the DBN SME Centre in Windhoek, or by its offices in Ongwediva, Rundu and Walvis Bay.

 

Products

For enterprises with less complex requirements DBN provides a range of financing products that may include:

  • Installment sales agreements (vehicles and other assets)

  • Term loans

  • Property development finance (warehouses, offices, etc.)

  • Performance guarantees

  • Contract (tender) based finance

  • Management buy-ins and buy-outs