Swakop entrepreneur turns dream into thriving tourism business
A young entrepreneur in Swakopmund, Namibia, has successfully launched a tourism business after receiving a tour bus through the Youth Entrepreneurship Development Initiative. The program, a partnership between the local municipality and Langer Heinrich Uranium, aims to support unemployed youth in establishing sustainable ventures.
Why it matters
It demonstrates the impact of public-private partnerships on youth unemployment and local economic development in Namibia.
A young entrepreneur from Swakopmund is now living his dream after receiving a tour bus through the Youth Entrepreneurship Development Initiative (YEDI).
This opportunity has transformed his life from that of an unemployed job seeker into a successful tourism business owner.
Rinaldo /Goagoseb is among 85 young entrepreneurs who benefitted from the initiative, a strategic partnership between the Swakopmund Municipality and Langer Heinrich Uranium (LHU).
The beneficiaries received equipment valued at nearly N$1.2 million, designed to support young entrepreneurs in establishing and expanding sustainable businesses.
Before joining the programme, /Goagoseb shared that he was unemployed and struggling to find opportunities.
“I was jobless, hunting around for odd jobs. Then the YEDI programme started, and I applied,” he explained.
Among the entrepreneurs from Swakopmund who participated, /Goagoseb’s story stands out.
The initiative was specifically designed to assist young people who previously struggled to qualify for traditional loans.
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