In Africa, the ongoing digital transformation has accelerated over the past few years. This affects every sector and player, including SMEs, which play key roles in the African economy. 

 The Namibian Investment Promotion and Development Board (NIPDB) and the Estonian Development Council (EstDev) recently signed an agreement launching “Entrepreneurship Minds”, a partnership aimed at developing the digital capabilities and skills of Namibian micro, small, and medium-sized enterprises (MSMEs), local media outlets reveal.  

The new program, implemented in collaboration with Estonia’s Tallinn University of Technology, also aims to provide financial support and high-quality training for SMEs. The aim is to empower and unlock Namibia's untapped business potential, with an emphasis on technology and e-commerce.

According to Dino Ballotti, Executive Director of the MSME Business Development Investment Committee at NIPDB, the program comes at a particular time in the cooperation between Namibia and Estonia. EstDev's "African Regional Strategy 2020-2030 positions Namibia as a key collaborator for Estonia. Moreover, Estonia's investment in pioneering a digital transformation and fostering entrepreneurship resonates with Namibia's strategic vision, especially when considered alongside the European Union's green hydrogen initiative," he said.

The program was launched after a visit, to Estonia, by the Namibian Investment Promotion and Development Board last May. It is part of the actions taken by Estonia, since 2013, to support the digitization of Namibia’s public sector. To date, Estonia has supported a dozen digital projects, to the tune of around €750,000. 

Ultimately, the program will foster startup ecosystems, finance innovative local solutions to development challenges, and strengthen the economy. According to the Namibian Statistics Agency, SMEs contribute around 12% to the country's GDP and employ over 200,000 people.

For Nelli Timm, EstDev's Regional Advisor for Africa, this new project will play a central role in strengthening Namibia's SME sector through the development of digital capabilities and skills. "This ambitious partnership between Namibia and Estonia promises to not only unlock business potential but also to foster digital innovation and economic growth in the region," she said.

Samira Njoya