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NCCI joins World Bank network |
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Written by Chamwe Kaira
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The Namibia Chamber of Commerce and Industry (NCCI) has
joined the World Bank’s Private Sector Liaison Officers (PSLO) network.
The PSLO network is a team dedicated to strengthening
the World Bank Group's relations with the private sector in order to increase
awareness and benefits for companies to opportunities its creates.
Tulimeyo Kaapanda-Ausiku, PSLO local representative, said
this week that although the World Bank Group may be generally known, the NCCI
has realised that the Namibian business community is not tapping into its
benefits.Kaapanda-Ausiku said the PSLO is going to be dedicated to
educating NCCI members on the products and services offered by the World Bank
group, the International Finance Corporation (IFC) and the Multilateral Investment
Guarantee Agency (MIGA).The IFC provides loans, equity, structured finance and risk
management products, and advisory services to build the private sector in
developing countries. The MIGA is involved in multilateral risk mitigation and
promoting foreign direct investment into developing countries.The PSLO network consists of liaison officers - private
sector communications professionals - appointed, based in and financed by their
respective business intermediary organisations.The officers facilitate local companies’ access to the World
Bank Group’s business opportunities, services and knowledge, and act as the
voice of their national private sector in advising the group on how to better
engage companies on development issues.
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