BoN and UNAM renew MoU

The Bank of Namibia (BoN) and the University of Namibia (UNAM) today signed a renewed Cooperation Agreement, extending their academic and research partnership until 2029. The agreement was formalised during a signing ceremony in Windhoek by BoN Deputy Governor Ms. Leonie Dunn and UNAM Acting Vice Chancellor Professor Ellen Ndeshi Namhila. The collaboration, which was originally established in 2014 and expired in 2024, reaffirms a decade-long collaboration and will now extend until 2029. The renewal of this strategic accord underscores both institutions’ commitment to producing rigorous scholarship and cultivating a knowledge-based economy.

The Cooperation Agreement is underpinned by four central pillars: academic support, joint research, capacity building and institutional collaboration. Notably, the Bank will continue availing its highly qualified staff, especially doctoral holders, to serve as part-time lecturers in UNAM’s Faculty of Commerce, Management and Law. These services are rendered at the Bank’s full cost as part of its corporate social responsibility mandate, with the express aim of enhancing instructional quality in key economic disciplines.

Equally central to the agreement is a renewed focus on joint research that directly engages Namibia’s developmental challenges. Research initiatives will be aligned with national policy frameworks including Vision 2030 and the National Development Plans, enabling both institutions to generate evidence-based insights on matters such as macroeconomic stability, inclusive growth, financial systems development, and social transformation.