NUST, MTC, NIFA launch Bloomberg Finance Lab
Namibia has taken a significant leap in financial education with the launch of the Bloomberg Finance Lab at the Namibia University of Science and Technology (NUST). This collaborative initiative between NUST, MTC and the Namibia Investment and Finance Academy (NIFA) is the first of its kind in Africa and aims to revolutionize financial literacy, research, and investment training.RMB provided essential equipment and support for the launch, held at NUST’s High-Tech Transfer Plaza Select (HTTPS) on Tuesday. The event brought together government officials, academics and financial leaders to discuss the Lab’s transformative impact on Namibia’s financial sector.
Deputy Minister of Sport, Youth, and National Service Dr Emma Kantema-Gaomas highlighted the lab’s role in shaping future financial professionals. “Today marks a pivotal moment in strengthening collaboration between industry and government to equip Namibia’s youth with the skills needed to thrive in a dynamic economy,” she said. “This lab will serve as a cornerstone for empowering youth, SMEs, and future investment leaders.”
Real-time access
The Bloomberg Finance Lab provides real-time access to global financial markets, enabling hands-on experience in data analytics, investment decision-making, and risk management. The lab’s centrepiece, the Bloomberg Terminal, ensures that Namibian graduates acquire industry-ready competencies.
NUST Vice-Chancellor, Prof Erold Naomab, expressed pride in this milestone. “At NUST, we are committed to preparing our students with practical financial skills that directly align with industry needs,” he said. “This lab will bridge the gap between theoretical learning and real-world application.”
MTC’s Chief Financial Officer, Thinus Smit, emphasised the role of digital transformation. “The lab serves as both an academic tool and an industry enabler, driving financial inclusion, fintech innovation, and investment literacy.”
A panel discussion moderated by Bloomberg’s Shocky Mapheto featured industry experts discussing the Lab’s role in strengthening capital markets and green energy investments.
NIFA founder and chief executive Arinze Okafor added, “Access to real-time market intelligence is essential for economic growth. By localising these global competencies, we position Namibia as a competitive global player.”