Youth fund to support 66new projects with N$38m

An additional 66 youth-led projects have been approved for funding under the National Youth Development Fund across all regions, totaling N$37.7 million.

The Ministry of Finance announced this on Monday.

This comes after the National Youth Development Fund (NYDF) was launched with 42 projects to the value of N$14.7 million out of 11 475 applications in September.

According to the finance ministry, funding for the second round of successful applications will support the creation of 404 jobs in sectors such as agriculture, renewable energy, horticulture, sustainable tourism, waste management, agro-processing, green transport and value-added services.

“The approved projects cover every region and include enterprises such as poultry production, livestock rearing, crop farming, biomass processing, aquaponics, innovative technology services, recycling operations and renewable energy installations,” finance ministry spokesperson Wilson Shikoto says.

The Oshikoto and Khomas regions have received the most funding, with N$4.8 million each, while Erongo region received the least funding, with N$888 435.

The loan amounts for the 66 projects range between N$88 000 and N$1 million. Assessments and approvals were completed through Agribank and the Environmental Investment Fund.

The ministry says it will now open a new call for applications to keep the fund active and accessible to young people, with applications being done through governors’ offices.

“The ministry will keep announcing successful applicants from more than 11 000 submissions received during the pilot phase.

Young people are encouraged to visit their governors’ offices during the first week of December to confirm the status of their applications,” it says.

The ministry encourags those who were not selected to seek guidance from their regional offices for future submissions.

NYDF round two beneficiaries

Omaheke – N$3.6 million (job creation: 22)

Village Vet Mobile Clinic (vet clinic): N$1 million (man)

Okombepera Animal Feed and Solutions (animal feed): N$650 000 (woman)

Orukarakaka Investment CC (biomass): N$1 million (man)

Equal Stud and Agri-Consultancy (agriculture): N$1 million (man)

Kavango West – N$2.1 million (job creation: 20)

Annawish Investment CC (poultry): N$500 000 (woman)

Musitu Mahangu Crop Production (horticulture): N$170 000 (woman)

Kanyangera Trading CC (renewable energy): N$250 000 (man)

Eco Egg Layer (agriculture): N$276 500 (woman)

Advancing Green technology (renewable energy): N$1 million (man)

Erongo – N$888 435 (job creation: 18)

Poultry Farm and Gardening (poultry): N$200 000 (man)

Poultry (agriculture): N$88 435 (woman)

Blackrange Organic Oasis (agriculture): N$200 000 (man)

Konjamin Portable Solar Trailers (renewable energy): N$400 000 (man)

Kunene – N$2 million (job creation: 17)

Lusthof Farming Project (agriculture): N$948 383 (woman)

Mushroom Farming (agriculture): N$650 000 (man)

Elephant Rest Tented Lodge and Camp (tourism): N$500 000 (woman)

Oshana – N$2.3 million (job creation: 14)

Ingaprofy Investment CC (agronomy): N$1 million (woman)

Pundonene Investment CC (animal feed): N$380 000 (man)

Greener Oshana (renewable energy): N$939 619 (man)

Ohangwena – N$1.2 million (job creation: 14)

Tukondjeni Poultry Farm Business (poultry): N$200 000 (woman)

Goat Farming (goat farming): N$88 111 (woman)

Green Manufacturing of Sanitary Pads and Nappies (waste management): N$1 million (man)

||Kharas – N$1.2 million (job creation: 14)

APZ Gardening and Poultry (poultry): N$200 000 (woman)

Rondes and Bonjive Farming (livestock): N$550 000 (man)

Veldtschoen Waste management Solutions (waste management): N$470 000 (man)

Hardap – N$1.6 million (job creation: 14)

Rehoth Feedlot and Livestock Western Ranch Farming CC (animal feed): N$200 000 (man)

Western Brach Properties CC (agriculture): N$180 000 (woman)

SK Pig Farm CC (agriculture): N$250 000 (man)

Fish River Electrical Services (technology): N$978 371 (man)

Kavango-East – N$3.1 million (job creation: 43)

EG Freshway Farming (horticulture): N$1 million (man)

Ngombe Milling Project (agronomy): N$100 000 (man)

Emmpiets Trading CC (agriculture): N$1 million (man)

Wapa Nawa Recycling (waste management): N$1 million (man)

Khomas – N$4.8 million (job creation: 47)

Hoffmannstall 99 Horticulture project (horticulture): N$200 000 (woman)

Agristock Investment CC (agriculture): N$700 000 (man)

First Green Farming (horticulture): N$950 000 (woman)

Sustainable Crop Production Project (crop): N$950 000 (woman)

Drivers Eco-Simlab (renewable energy): N$1 million (man)

BPNM Logistics CC (Green Rides) (green transport): N$1 million (man)

Omusati – N$1.5 million (job creation: 37)

Borehole Drilling (agriculture): N$250 000 (man)

Golden Nest Hatonery (agriculture): N$200 000 (woman)

Goat Farming (agro-processing): N$200 000 (man)

Rau Rau Poultry Farming (agriculture): N$200 000 (woman)

Ecycle Trading CC (renewable energy): N$700 000 (woman)

Oshikoto – N$4.8 million (job creation: 63)

Tim-Tid Investment CC (poultry): N$500 316 (woman)

Civix Trading CC (horticulture): N$860 000 (man)

EFSD Agri Aquaponics (agriculture): N$348 000 (man)

Muahafa Charcoal and Biomas Production CC (biomass): N$380 000 (woman)

A-Z Power (renewable energy): N$375 000 (man)

Agnus Trading (biomass): N$500 000 (woman)

Omahenge Poultry (agriculture): N$200 000 (woman)

Punda Go Trading (agriculture): N$180 000 (men)

Ngongi Oil (value added services) N$1 million (man)

Live Stock Farming Project (agriculture): N$500 000 (woman)

Otjozondjupa – N$4.7 million (job creation: 33)

Avie Investment CC (biomass): N$693 859 (man)

Reviving Feinkost Foods CC (agro-processing): N$1.5 million (man)

Omuramba Feedlot Project (animal feed): N$950 000 (man)

Tuvaville Investment CC (value-added services): N$900 000 (man)

Homegas (value added services): N$480 000 (woman)

Ozonahi water/CM-AGE Investment CC (technology): N$200 000 (woman)

Zambezi – N$3.4 million (job creation: 33)

Chobe Youth Butchery (agriculture): N$200 000 (man)

Emthree Trading CC (agriculture): N$950 000 (woman)

Premier GreenHouse Vegetable (agriculture): N$729 000 (man)

Choi Agricultural and Poultry Project (agriculture): N$365 082 (women)

Lundid Animal Feed (agriculture): N$1 million (woman)

Zambezi Cleaning Suppliers (value added services): N$200 000 (man)

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