06 Apr 2017 14:10pm
WINDHOEK, 06 APR (NAMPA) - The Agricultural Bank of Namibia has established a training and mentorship division for farmers in line with its five-year strategic plan.
The creation of the new division, Agri Advisory Services Division, was announced in a media statement availed to the media on Tuesday.
The establishment of the division follows the successful completion of a seven-year partnership between the bank and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) for the implementation of the Farmers Support Project.
The division is operational since 01 April 2017.
Agribanks Chief Executive Officer, Sakaria Nghikembua said the division aims to transfer skills as well as enhance knowledge and attitude towards farming as a business, in order to increase productivity and promote the business relationship between clients and the bank.
The establishment of the division is in line with the banks mandate to play a pivotal role in Namibias agricultural sector to create wealth, provide jobs and contribute towards food security, said Nghikembua.
According to the statement, N.dollars 58.6 million was spent to support farmers, of which N.dollars 28.4 million was contributed by the bank while the remaining N.dollars 30.2 million was contributed by GIZ.
The division will focus on the provision of personalised mentorship in livestock, crop and horticulture production to Agribank clients in all 14 regions.
The mentorship and demand-driven training will be offered by technically qualified employees, whilst mentorship will be provided by well experienced farmers to guide qualifying farmers towards an increased understanding of productive farming that allow them to improve their livelihoods.
The training will cover topics such as rangeland conditions and utilisation, breeding and reproduction, marketing, animal health, record keeping, farm infrastructure management, financial management, animal husbandry, dry-land crop production and horticulture planning, improved irrigation practices and integrated pest management.