Local banks step in as Namibia fills eurobond gap

[PODCAST]

Namibia’s financial world is abuzz after local banks stepped in to help the government bridge a shortfall in its US$750 million eurobond funding (roughly N$14.3 billion).
The bond, issued in 2015 at 5.25%, fell short of its target, prompting domestic banks to close the gap.
The move has sparked debate about Namibia’s broader economic strategy, investor confidence and the growing role of local institutions in supporting government borrowing.
Economist Almandro Jansen joins Desert FM to unpack what this means for the country’s financial outlook.