Nust, in partnership with MTC and the Namibia Investment and Finance Academy, has launched the first Bloomberg Finance Lab to enhance financial education in Namibia. Key stakeholders emphasized the lab’s potential in empowering youth and driving economic transformation. The initiative aims to bridge theoretical learning with real-world applications, promoting financial inclusion and innovation.
The Namibia University of Science and Technology (Nust), in conjunction with Mobile Telecommunications Limited (MTC) and the Namibia Investment and Finance Academy, has inaugurated the first Bloomberg Finance Lab at Nust. This milestone event took place on Tuesday, marking a significant advancement in financial education in the country.
Deputy Minister of Sport, Youth and National Service, Emma Kantema-Goamas, emphasized the lab’s importance for the future of Namibia’s financial professionals. “This lab will serve as a cornerstone for empowering youth, SMEs, and the next generation of investment leaders, enhancing their ability to access funding, manage risk, and build sustainable enterprises that drive economic transformation,” stated Kantema-Goamas.
Nust Vice Chancellor Erold Naomab expressed pride in the initiative, underscoring that the Bloomberg Finance Lab aligns with the university’s vision of cultivating highly skilled graduates. “The Bloomberg Finance Lab will bridge the gap between theoretical learning and real-world application, ensuring our graduates are competitive on a global scale,” Naomab remarked.
Thinus Smit, MTC’s Chief Financial Officer, described the lab as both an academic tool and an industry enabler, aimed at promoting financial inclusion, fintech innovation, and investment literacy across various sectors. “This collaboration speaks to the importance of digital transformation in shaping Namibia’s financial sector,” Smit concluded.
The launch of the Bloomberg Finance Lab at Nust represents a significant step towards enhancing financial education in Namibia. It empowers youth and small enterprises, equipping them with essential skills for navigating the financial landscape. Through collaboration with MTC and the Namibia Investment and Finance Academy, the lab aims to bridge theoretical knowledge and practical application, ultimately fostering a more inclusive and innovative financial sector.
Original Source: www.namibian.com.na