The German Federal Ministry for Economic Cooperation and Development launched a nine-month Start-up Namibia 2019/2020 Accelerator programme through GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit, the German Agency of International Cooperation). Five outstanding German companies have been selected to increase their output, fulfil their potential and improve their business models and networking skills.
The rigorous shortlisting saw the winners as follows:
- Derenas Investment, a tyre recycling plant in Rundu producing crumb rubber to be transformed into pavers, astros, tar roads, etc;
- Tasked, an app that helps you save time (to focus on important stuff) and money (setting the price) by empowering others (through delegation);
- Ohunguriva Investment, a poultry farm in Okakarara;
- EstApp, which brings your happy home to your fingertips through three easy steps connecting buyers with sellers, and matching roommates;
- Ngishe Biotech, producing biogas from organic waste; target group: informal settlements.
As Anna Vambe of GIZ pointed out, “The five selected start-ups in the 2019/2020 Accelerator have one thing in common: they are hard-working, they have grit and a desire to learn. We believe in their business ideas and can’t wait to take them to the next stage.”