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Namibia to hold start-up festival to attract investment

Namibia startup festival attract investment
Namibia will hold a start-up festival for entrepreneurs on June 9 in efforts to create a platform that brings together the county’s most promising start-ups and talented entrepreneurs.
Namibia startup festival attract investment

Senior Advisor for Financial Systems Development for the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Anna Mostetschnig, told Xinhua in an interview that since Namibia lacks enough start-ups, there was need for a mind shift among the business community in the country. Namibia startup festival attract investment

The first of its kind event will be hosted by four institutions, namely, the Financial Literacy Initiative, FabLab, Team Namibia and Namibia Business Innovation Institute (NBII). Namibia startup festival attract investment

According to Mostetschnig, the four institutes work a lot with small businesses and face the same problems and struggle to fill their trainings and mentorship programs with innovative entrepreneurs, who strive to grow their businesses and create employment. Namibia startup festival attract investment

Mostetschnig said similar platforms in the region, like the Africa Start-up Festival Technology Summit in Lagos set for September this year and the SA Innovation Summit are platforms where investors scout for new businesses. Namibia startup festival attract investment

“We believe that in order to really change something, the Start-up Ecosystem needs to come together,” she said. Namibia startup festival attract investment

Meanwhile, she said that to achieve their mission of becoming the most attractive country in the region for start-ups, they need to improve on a couple of things, and the Start-up Festival is the first step. Enditem

Meanwhile, she said that to achieve their mission of becoming the most attractive country in the region for start-ups, they need to improve on a couple of things, and the Start-up Festival is the first step. Enditem in the a she us an

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Anthony Ansong

Ceo - Ansong Holdings LLC Co-Founder & Editor Light Magazine Africa Author of Children Book Entrepreneur

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