Invest International, the Dutch development finance institution, has committed a €15 million investment loan to Namibia Berries, a fast-growing agribusiness focused on blueberry cultivation in north-eastern Namibia. The funding will support the expansion of the company’s operations along the Kavango River, enabling it to scale production and strengthen its export capabilities.
Namibia Berries, which exported its first commercial harvest last year, has already established a presence in key international markets, including Southeast Asia, the Middle East, Germany, and the Netherlands. As the business grows, a significant share of its exports is expected to be routed through the Port of Rotterdam, reinforcing trade ties between Namibia and the Netherlands. Notably, 32% of the project’s procurement is sourced from Dutch suppliers, highlighting the cross-border economic impact of the initiative.
The financing was made possible through the support of Loxworth Capital, a Netherlands-based strategic investment firm and a major shareholder in Namibia Berries. The project also benefits from the involvement of Gemüsering Stuttgart GmbH, a long-standing strategic partner with deep expertise in European fresh produce markets.
Michael Rodenburg, CEO of Namibia Berries and founder of Loxworth Capital, commented:
This partnership with Invest International enables us to build a resilient, world-class blueberry operation that benefits local communities through job creation and skills development, while helping to build a stronger agricultural sector in Namibia.
The expansion is expected to generate significant employment opportunities in the region, particularly for youth and women, while contributing to Namibia’s agricultural diversification and export-led growth strategy. The project also aligns with broader goals of sustainable development, climate resilience, and inclusive economic participation.
