The Namibia Grape Company (NGC) and Capespan have formalized a long-term partnership that extends to 2045. This renewed commitment underscores the strength of their collaboration and its significant impact on Namibia’s economy.
The partnership, celebrated at a recent event hosted by Standard Bank Namibia, has been instrumental in driving the growth of the Namibian grape industry. It has facilitated access to international markets, enabled infrastructure improvements, and contributed to job creation and economic development.
A Win-Win Partnership
Charl Du Bois, Managing Director of Capespan, emphasized the transformative nature of the partnership. He highlighted the company’s role in connecting NGC to global markets, allowing Namibian grapes to reach consumers in over 35 countries.
“Through our international network, we have provided access to world-class breeding programs, enabling NGC to significantly increase production,” Du Bois said.
Richwell Lukonga, Chairperson of the NGC Board, expressed optimism about the future of the partnership. He noted that the renewed agreement aims to create greater value for Namibia and its people.
“The joint venture will ensure equitable participation from both parties, with NGC holding a 51% stake and Capespan holding 49%. This partnership will drive growth, create jobs, and contribute to the overall development of the Namibian economy,” Lukonga said.
Government Support
Hon. Agnes Tjongarero, Minister of Sports, Youth, and National Service, applauded the partnership’s role in job creation and economic empowerment. She highlighted the positive impact on the Aussenkehr community and the opportunities it provides for Namibian youth.
“This collaboration demonstrates the power of public-private partnerships in driving sustainable development,” Tjongarero said. “It is a testament to the commitment of both companies to the future of Namibia.”
Standard Bank Namibia, a key player in the deal, expressed its commitment to supporting the growth of the Namibian economy. Erwin Tjipuka, Chief Executive of Standard Bank Namibia, emphasized the bank’s role in facilitating such strategic partnerships.
“This partnership exemplifies our commitment to uplifting communities and driving progress in Namibia,” Tjipuka said. “We are proud to be part of this journey.”
As the partnership enters a new era, it is poised to further strengthen Namibia’s position as a leading exporter of high-quality grapes.
