On October 1, 2026, in Windhoek, Namibian President Dr Netumbo Nandi-Ndaitwah delivered a statement at the Annual One Economy Fundraising Soirée, emphasizing the importance of collective investment in Namibia's youth. She expressed gratitude to Meme Monica Geingos, former First Lady and Founder of the One Economy Foundation, for hosting the event. The President highlighted that youth empowerment and development are top priorities of the Namibian Government, as outlined in the National Development Plan 6 (NDP6).

The One Economy Foundation has been instrumental in implementing various youth development initiatives, positively impacting the lives of young people and their families. President Nandi-Ndaitwah welcomed such initiatives, which complement the Government's efforts to help young people realize their potential. She stressed that empowering the youth is a vital investment for a nation's sustainable growth and development. According to the Namibia Statistics Agency's 2023 Census Report, 71% of Namibia's population is under the age of 35, making it a youthful nation.

The President emphasized that demographic potential can only translate into a demographic dividend if there is intentional investment in human capital development. She commended the One Economy Foundation for its targeted interventions in skills development and entrepreneurship, equipping young Namibians with market-relevant tools. These initiatives support micro-entrepreneurs, providing access to capital and mentorship, ultimately benefiting the entire nation.

President Nandi-Ndaitwah highlighted the need for social transformation alongside economic transformation. She stressed that social capital is a strategic asset that must be protected by all members of society. The President acknowledged the One Economy Foundation's efforts in shaping the country in ways that benefit the whole nation through youth-focused programmes.

The event was attended by various dignitaries, including the Prime Minister of Namibia, Dr Tjitunga Elijah Ngurare, former leaders, retired dignitaries, and captains of industry. The leadership of the One Economy Foundation, including Ms Kauna Ndilula and Ms Pauline Thomas Kahupi, were also in attendance. The President's call for collective investment in youth development resonated with the audience, emphasizing the importance of collaboration in driving sustainable growth and development.

President Nandi-Ndaitwah reiterated that investing in the youth is the best investment a nation can make, enabling the next generation to drive sustainable growth and development. She encouraged all stakeholders to support initiatives that focus on building the capacity and skills of young people, emphasizing that the Government cannot achieve this goal alone.

The President's statement at the Annual One Economy Fundraising Soirée underscored the significance of collective investment in Namibia's youth, highlighting the need for intentional investment in human capital development to unlock the country's demographic potential. The event provided a platform for stakeholders to engage in discussions on youth development and empowerment, emphasizing the importance of collaboration in shaping a brighter future for Namibia.

Key points

  • President Nandi-Ndaitwah calls for collective investment in youth development to drive sustainable growth and development in Namibia.
  • The One Economy Foundation has been instrumental in implementing youth development initiatives, positively impacting the lives of young people and their families.
  • Namibia's youthful population, with 71% under the age of 35, presents an opportunity for demographic dividend if invested in human capital development.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.