The report provides a comprehensive overview of Namibia's digital financing ecosystem, offering insights into its strengths, challenges, and opportunities. It delves into the areas of financial inclusion, explores innovative financing models, and showcases case studies that demonstrate the tangible impact of digital finance on Namibia. The report outlines a strategic framework that leverages the strengths of digital finance to address pressing development issues, enhance financial resilience and inclusion, and accelerate progress towards the Sustainable Development Goals (SDGs).
The report identifies several impact pathways through which fintech innovations can help in harnessing the financial system to align financing with sustainable development outcomes. The report discusses how the wider application of digital solutions to solve daily constraints and strengthens the value proposition for the adoption and usage of digital financial services.
The report aims to develop an assessment of the domestic digital finance ecosystem (DFE) which will be part of the Integrated National Financing Strategy. It identifies and builds agreement on steps to develop digital financing solutions that directly respond to priority areas that are SDG-aligned within the National Development Plan. The report integrates identified digital financing opportunities in the overall process of the financing dialogues under the INFF to create a plan/ roadmap for a digital financing strategy to support Namibia’s national development priorities.
