Saturday 15 May 2021
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Youth, women to benefit from 1 Economy

Namibian youth and women stand to benefit most from First Lady Monica Geingos’ foundation that will be launched tomorrow.

The 1Economy Foundation, which is established as a Section 21 non-profit organization, aims to build a bridge to inclusivity for Namibians.

“The projects we have established for the 1 Economy foundation take deeply into consideration, the notion that opportunity needs to be underpinned by support. This is a critical mindset to have to ensure that despite our many efforts to drive inclusivity, there are still root issues that need to be dismantled. Our role is to contribute ensuring that fewer Namibians fall through the cracks and many more have a bridge to access their lifes opportunity. This is the sole mission of the 1 Economy Foundation,” reads the foundation’s profile.

The 1Economy foundation will target informal businesses owners, rural and township economies, youth and women empowerment.

“The governance structure of the 1Economy Foundation is to ensure effective and transparent governance of our organization. The main aim of upholding ethical governance standards is to ensure that the vision, resources and beneficitation of the Foundation remain aligned and true to goal,” indicated the foundation, adding that “we have established an experienced Board of Trustees to ensure effective governance and effective relevance interventions.”

Project areas will include enterprise development, advocacy, patronship, strategic support, mentorship and people development.

Geingos will chair the board. Other board members will be introduced at the launch on Saturday that will take place at Ramatex.

“This mix of individuals on the Board is designed to ensure that we are reflective of the inclusivity values of 1Economy,” according to the foundation.

President Hage Geingob will be the guest of honor at the event

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