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Capricorn Foundation community initiatives in Namibia

Overview

The Capricorn Foundation has expanded its social and economic development efforts in Namibia through various vocational and community initiatives. Initially, the Foundation, in partnership with Unmatched Potential, launched the second phase of its ‘Be Your Own Boss’ Vocational Graduate Entrepreneurship Programme. Following a pilot in Swakopmund, the program expanded to Otjiwarongo, Swakopmund, and Outapi to provide 32 vocational graduates with three months of coaching, mentorship, and business development support to encourage self-employment. Furthering its community impact, the Foundation reported investing N$57.8 million in Namibian community initiatives over the previous six years. For the 2026 financial year, approximately N$14.1 million was allocated toward health, education, training, sustainability, and economic advancement. Additionally, FNB entered a partnership with the City of Windhoek to provide municipal employees with financial literacy programs and tailored banking solutions. According to the 2026 Social Value Report, the Capricorn Group and Capricorn Foundation invested a total of N$29.3 million in corporate social investment (CSI) and sponsorships across Namibia and Botswana during the 2026 financial year. The Foundation’s N$14.1 million contribution supported outcomes including providing meals to 11,392 people, assisting 35,000 children with early childhood development materials, and training 800 rural artisans. Since its inception in 2020, the Foundation has invested a total of N$56.7 million in community initiatives. To improve coordination, the CSI Mukopano platform was scheduled for launch in July 2026. The platform aims to unite the corporate, civil society, and public sectors to move toward “coordinated, impact-driven investments” that address national development priorities and United Nations Sustainable Development Goals. In October 2026, the Foundation pledged N$500,000 to the One Economy Foundation to support the #BeFree Youth Campus in Namibia. This funding is intended to finance 21 programmes, including STEM and robotics, digital literacy, entrepreneurship, and leadership training.

Entities

Capricorn Foundation · Bank Windhoek · Namibia · Capricorn Group · Botswana

Timeline

  1. [BUSINESS] 2 sources
    Capricorn Foundation pledges N$500,000 to Namibian youth development

    The Capricorn Foundation has pledged N$500,000 to Namibia’s One Economy Foundation to fund 21 youth development and educational programmes at the #BeFree Youth Campus.

  2. [BUSINESS] 2 sources
    FNB and Capricorn Foundation announce financial and community initiatives in Namibia

    FNB has partnered with the City of Windhoek to offer financial literacy and banking solutions to municipal staff, while the Capricorn Foundation reports N$57.8 million in community investments over six years.

  3. [BUSINESS] 2 sources
    Capricorn Group invests N$29.3m in social initiatives

    The Capricorn Group invested N$29.3 million in corporate social investment across Namibia and Botswana during the 2026 financial year, focusing on education, hunger, and economic advancement.

  4. [BUSINESS] 3 sources
    Capricorn Foundation expands entrepreneurship programme in Namibia

    The Capricorn Foundation is expanding its “Be Your Own Boss” programme in Namibia, providing entrepreneurship coaching and mentorship to 32 vocational graduates to foster self-employment.

Sources

economist.com.na · namibiatoday.com · observer24.com.na · omutumwa.com · thebrief.com.na

This summary has been updated 2 times: see revision history