Mining finance

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:

 

Mining info sheet

Download

KYC info sheet

Download

Application Form

Download

ESMS info sheet

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 Walvis Bay and Ongwediva.

 

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