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Development Bank of Namibia (DBN) CEO Martin Inkumbi has announced that the Bank has donated N$1.4 million to the Covid-19 Disaster Relief Fund.

The Development Bank of Namibia (DBN) has donated N$1.435 million to the Covid-19 Disaster Relief Fund, initiated by the Office of the Prime Minister.

Speaking about the donation, DBN CEO Martin Inkumbi said, although the Bank is primarily involved in financing for economic development, it views the lives of Namibians as being of incalculable value, and so used its CSI budget with the intent of preserving lives by contributing to the Disaster Relief Fund.

In addition to its donation, the Bank has also announced measures to provide relief to SMEs and the tourism and hospitality sector.

Inkumbi acknowledged and expressed gratitude to other entities and individuals making donations to the Fund or through their own initiatives. We are in this together, and by working together, we will emerge stronger, he concluded.