Namibia: FNB, CPBN Partner to Streamline Public Procurement

First National Bank (FNB) Namibia and the Central Procurement Board of Namibia (CPBN) have partnered up to improve efficiency, transparency and accountability in the country’s public procurement system.

During a recent stakeholder engagement held in Windhoek recently, the two institutions discussed the role of performance guarantees in public procurement and explored ways to reduce delays in project implementation.

FNB Namibia provided practical insight into the end-to-end process of issuing…