Business Financial Solutions (BFS) is a Namibian multi-disciplinary advisory and investment management firm servicing both strategic and tactical needs of both the public and private sectors. We have consulted for entities such as Namibia’s Financial Sector Council represented by the Bank of Namibia (BON) and the Development Bank of Namibia (DBN), National Commission on Research Science and Technology (NCRST), the National Training Authority (NTA), Ministry of Industrialization Trade and SME Development, Ministry of Urban and Rural Development (MURD) – Local Economic Development Agency (LEDA), Ministry of Agriculture Water and Forestry/NAFOLA project, City of Windhoek and the Communication Regulatory Authority of Namibia (CRAN).Some of our private sector clients include Dundee Precious Metals Tsumeb, Bank Windhoek, NAKO Steel, and Helios Investment Partners. We have also consulted for Development institutions such as the Center for Enterprise Development (CDE EU-ACP), Deutsche Gesellschaft fur Internationale Zusammernarbeit GmBH (GIZ) UNDP Namibia, Namibia Red Cross Society and the Millennium Challenge Account.
BFS Fund Manager – a subsidiary of BFS, has been operational since 2010 managing funds in the Namibian market and it is now expanding into Sub Saharan Africa (SSA). The Fund Manager has grown to become one of Namibia’s largest and successful entities of its kind and to date has invested N$ 1.6 billion in over 200 SMEs in Namibia.
BFS Fund Manager Manages the following Funds:
NamPro Fund I and NamPro Fund II are debt funds that are established to support SME suppliers that require funding to execute contracts. With the Government Institutions Pension Fund (GIPF) as the founding investor, the Funds have about NAD 630 million under management.
Our primary focus is to provide required working capital/bridging finance facilities to SMEs that have been awarded supply contracts by large, reputable organizations that are defined as large private companies, State Owned Enterprises (SOEs), local authorities, development institutions, regional councils, the central government and so forth.
For more information on this fund, visit the website www.namprofund.com.na.
Kula Capital Namibia – a Namibia Impact Investment Fund to provide seed funding to start-ups that pursue social, environmental and economic objectives.
Kula Financial Solutions Africa – For Sub-Saharan Africa (KFSA) is to be a leading specialised structured trade finance and asset backed fund of choice for SMEs in the Sub Saharan Africa region. The Fund is to be capitalized at N$ 2 billion (USD 160 million). More Info