News

NIDA Reports N$3 Billion in Assets in First-Ever Annual Report

todayFebruary 25, 2025

Background

The Industrial Development Agency released its first annual report since its establishment in 2018, revealing asset management worth N$3 billion. NIDA Board Chairperson Sebulon Kankondi shared the figures, while Finance Minister Iipumbu Shiimi urged the agency to adopt a high-performance culture. NIDA CEO Richwell Lukonga :

Written by: Madeline


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