Nust, in partnership with MTC and the Namibia Investment and Finance Academy, launched the first Bloomberg Finance Lab, aimed at enhancing financial education in Namibia. The lab will empower youth and SMEs, bridge theoretical learning with practical application, and foster financial inclusion and innovation in the financial sector.
The Namibia University of Science and Technology (Nust), in collaboration with Mobile Telecommunications Limited (MTC) and the Namibia Investment and Finance Academy, inaugurated the inaugural Bloomberg Finance Lab at Nust on Tuesday. This facility intends to enhance the educational resources available to students pursuing finance and investment education.
Deputy Minister of Sport, Youth and National Service, Emma Kantema-Goamas, addressed the significance of the lab, emphasizing its potential to empower youth and small and medium enterprises (SMEs). She stated, “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.”
Nust Vice Chancellor Erold Naomab expressed his pride in the initiative, noting that the Bloomberg Finance Lab is consistent with the university’s mission to cultivate skilled graduates equipped for the contemporary economy. He remarked, “The Bloomberg Finance Lab will bridge the gap between theoretical learning and real-world application, ensuring our graduates are competitive on a global scale.”
Thinus Smit, the Chief Financial Officer of MTC, described the lab as both an academic resource and a catalyst for industry growth. He remarked, “This collaboration speaks to the importance of digital transformation in shaping Namibia’s financial sector,” highlighting the potential for increased financial inclusion and fintech innovation across various sectors.
The launch of the Bloomberg Finance Lab at Nust marks a significant advancement in the educational landscape for aspiring finance professionals in Namibia, positioning them to excel in a competitive global environment.
The launch of the Bloomberg Finance Lab at the Namibia University of Science and Technology is a pivotal development for enhancing financial education in Namibia. The initiative is expected to empower youth, support SMEs, and produce graduates who are well-prepared for real-world challenges. It signifies a commitment to integrating modern financial tools and fostering an environment conducive to digital transformation within the sector.
Original Source: www.namibian.com.na
