DBN sues Enercon Namibia for N$28 million in unpaid loans

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The Development Bank of Namibia (DBN) has taken Enercon Namibia and its directors to the High Court to recover over N$28 million in unpaid loans.

According to court documents, the amount relates to two loan agreements signed between DBN and Enercon.

Businesses encouraged to embrace new technologies

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Innovation is not a luxury but a necessity for Namibia’s economic resilience and sustainability. This was the message from the Minister of Finance and Public Enterprises, Erica Shafudah, at the 2025 Good Business and Innovation Awards held in Windhoek.