Windhoek: The Capricorn Foundation invested approximately N$14.1 million in social initiatives across education and training, economic advancement, and health and sustainability during the 2026 financial year, bringing its total investment since its establishment in 2020 to N$56.7 million. The investment formed part of N$29.3 million invested by the Capricorn Group, its subsidiaries, and the foundation in corporate social investment and sponsorships across Namibia and Botswana during the financial year.
According to Namibia Press Agency, speaking during the launch of the Capricorn Group Social Value Report on Wednesday in Windhoek, group executive Marlize Horn noted that the foundation's 2026 impact report highlights education as a key focus, with 25% of group-wide social investment directed towards the sector. The foundation's supported initiatives have provided daily or weekly meals to 11,392 people, reached 3,000 malnourished children through nutrition interventions, and established 300 backyard and community gardens. Horn said its approach recognises that education cannot be separated from other social and economic challenges, including food insecurity, healthcare, unemployment, and limited access to skills.
"Education remains central to our approach because strong foundations shape every opportunity that follows. Our partners are constructing classrooms, equipping edu-carers, extending digital learning, providing curriculum-aligned materials, and strengthening school leadership," she added. She further mentioned that the priority Sustainable Development Goals - Zero Hunger, Quality Education, and Decent Work and Economic Growth, provide a practical framework for measuring this contribution.
Also speaking at the launch was Bank Windhoek Managing Director James Chapman, who said the bank's long-term strength is inseparable from the well-being of the society it serves. Chapman emphasized that Namibia becomes more resilient when young people gain skills, entrepreneurs build sustainable livelihoods, and vulnerable families are supported with dignity. "The bank's partnership with the foundation also supports practical agricultural training for farmers, reinforcing the role of skills development in improving livelihoods and strengthening economic participation beyond traditional banking services," he said.
Looking ahead to 2030, Horn concluded that the foundation intends to deepen its work in early childhood development, food security, vocational skills, economic advancement, and sustainability. "We will support initiatives with the potential to mature beyond initial funding, strengthen their capacity, expand their reach, and become more self-sustaining," Horn said.