Nedbank Namibia and Nedbank Corporate and Investment Banking (CIB) have reaffirmed their commitment to supporting Namibia Power Corporation’s (NamPower) – Namibia’s national scale power utility provider – energy transition through sustainable, transparent and longterm framework financing solutions at the 2026 Cirrus Investor Conference, where the strategic partnership with NamPower was highlighted.
The Cirrus Investor Conference, hosted annually by Cirrus Capital, has become a key platform connecting Namibian issuers, policymakers and stateowned enterprises with regional and international investors.
The conference focuses on unlocking longterm capital for priority sectors such as energy, infrastructure, mining and logistics, while reinforcing Namibia’s investment credibility and governance frameworks.
During the ceremony, the role of Nedbank CIB, in conjunction with Nedbank Namibia, as advisor and arranger to NamPower, was outlined. This is in relation to the development of the national utility’s Sustainable Finance Fundraising Framework, a tool designed to align future funding raised with Namibia’s energy security, sustainability and socioeconomic development goals.
NamPower is Namibia’s national Stateowned power utility and plays a central role in generating, transmitting, supplying and trading electricity across the country.
Operating across the full electricity value chain, NamPower is mandated to ensure reliable, affordable and sustainable electricity supply to support national development and regional power integration.
Nedbank Namibia managing director Martha Murorua said the collaboration with NamPower reflects a shared commitment to responsible capital mobilisation.
“Namibia’s energy future requires more than funding alone – it requires strong partnerships, clear governance and longterm thinking. Nedbank is proud to work alongside NamPower to develop frameworks that help attract capital that supports energy security while delivering meaningful environmental and social outcomes for the country,” Murorua said.
“This milestone also further extends Nedbank’s sustainable finance leadership and demonstrates our continued commitment to fostering sustainable change on the African continent,” said Arvana Singh, head of sustainable finance solutions at Nedbank.
Central to this partnership is NamPower’s Sustainable Finance Fundraising Framework, which provides a clear and credible structure for raising green, social and sustainable funding.
The framework defines eligible green, social and sustainable projects, guides funding decisions, commits to transparency and reporting, and ensures that investment is aligned with both national priorities and recognised international sustainable finance principles.
NamPower elected to partner with Nedbank to develop this strategic framework. The framework serves as a shared language between NamPower and the investment community, helping to build confidence and consistency in how capital is deployed.
It enables NamPower to plan ahead – supporting new generation capacity, transmission infrastructure upgrades, energy storage solutions and expanded electricity access – while remaining focused on measurable positive impact.
A key feature of the framework is its emphasis on accountability and credibility.
It has been independently reviewed by S&P Global through the issuance of a Second Party Opinion, providing external assurance to investors that the framework aligns with international sustainable finance standards.