Namibia’s Sovereign Wealth Fund grows to N$479m

Namibia’s Welwitschia Sovereign Wealth Fund has grown by N$219 million since its launch in 2022, bringing its total balance to N$479 million, according to the Bank of Namibia.

The central bank says the fund, created to support intergenerational wealth and economic stability, has expanded solely through investment returns since its establishment.

“Namibia’s Sovereign Wealth Fund, seeded with N$260 million in 2022, has grown substantially through investment returns alone, reaching US$ 27.7 million, or approximately N$479 million, by September 2025,” the Bank of Namibia says.

The fund is structured into short- and long-term portfolios, with 70% of assets allocated to equities, while the remainder is invested in fixed-income instruments, real estate and private equity.

The central bank says the diversified allocation is designed to improve returns while managing risk effectively.

Established in May 2022, the Welwitschia Sovereign Wealth Fund was created to safeguard the economy against volatility and ensure that future generations benefit from Namibia’s natural resources.

The Bank of Namibia manages the fund and says it is committed to ensuring transparency and accountability.

The bank further says about 2.5% of the intergenerational fund is set aside for infrastructure projects aimed at socio-economic growth, including improvements to public services and job creation, which it says contribute to national development and long-term stability.

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