29 June 2026

Windhoek | As part of its ongoing commitment to improving efficiency and reducing turnaround time in public procurement processes, the Central Procurement Board of Namibia (CPBN) continues to engage key stakeholders across the procurement value chain.

Today, CPBN Chief Executive Officer, Mr. Idi Itope, led a management delegation on a strategic courtesy visit to the Development Bank of Namibia (DBN), where they were received by DBN Chief Executive Officer, Mr. Titus Ndove.

The engagement forms part of CPBN’s broader consultations with financial institutions aimed at strengthening collaboration and deepening understanding of processes involved in the issuance of performance guarantees to successful bidders. Streamlining these processes is expected to contribute to faster project implementation, improved service delivery, and enhanced value for money in public investments.

Speaking during the engagement, Mr. Itope emphasised the strategic importance of both institutions in advancing Namibia’s development agenda.

“The CPBN and DBN are strategic partners in enabling the successful implementation of national development projects. Strengthening collaboration and improving processes will collectively contribute to the effective delivery of the objectives of NDP6,” he said.

Mr. Ndove welcomed the engagement, describing it as timely and forward-looking, and an important step towards strengthening collaboration between the two institutions.

He noted that beyond performance guarantees, the partnership presents an opportunity to broaden cooperation in key areas that directly influence procurement outcomes and project success.

In this regard, he proposed that the Memorandum of Understanding (MoU) should provide a structured framework for collaboration in the following areas:

• Due diligence in the procurement process, to strengthen verification and risk assessment mechanisms;
• Monitoring and evaluation (M&E), to enhance oversight, accountability, and performance tracking of awarded projects; and
• Contractor coaching and mentoring programmes, where successful bidders can be equipped with financial management, project implementation, and contract management skills to improve execution capacity and delivery outcomes.

He further noted that strengthening these areas would improve project execution, ensure value for money, and ultimately enhance the delivery of public infrastructure.

The meeting concluded with both institutions expressing commitment to formalise their partnership through a Memorandum of Understanding (MoU), which will provide a structured framework for collaboration in the identified areas of mutual interest. This partnership is expected to strengthen public procurement systems, enhance contractor capacity, and contribute to sustainable national development.

Through strategic collaboration with key stakeholders, CPBN remains committed to building a procurement system that is efficient, transparent, and responsive to Namibia’s development priorities.