Development Bank of Namibia Act, 2002 (No. 8 of 2002).

The Development Bank of Namibia is established under section 2 as a body corporate.
The object of the Bank is to contribute to the economic growth and social development of Namibia and for the sustainable promotion of the welfare of the Namibian people by means of: (a) mobilizing financial and other resources from the private and public sectors nationally and internationally; (b) appraising, planning and monitoring the implementation of development schemes, export projects and other economic programmes of national importance; (c) facilitating the participation of the private sector and community organizations in development schemes, export projects and other economic programmes of national importance; and (d) assisting in the development of money and capital markets. The Bank must establish a special fund to be called the Special Development Fund the purpose of which is to promote and support development projects and schemes, including small-scale projects, private ventures or other activities as may be determined in Rules.