Nedbank Namibia has announced the successful conclusion of a landmark funding deal with Achill Island Investments (Pty) Ltd, a leading agricultural enterprise operating in the Aussenkehr Valley. The deal marks the beginning of a strategic partnership aimed at advancing Namibia’s agricultural sector.
The funding will support Achill Island Investments and its sister farm, Silverlands Vineyards, in expanding their operations and enhancing sustainable farming practices. Together, the farms cultivate over 900 hectares of table grapes and date palms, supplying premium produce under the Silverlands brand to global markets and employing approximately 4 000 people during peak season.
Silverlands in Namibia is a part of a leading agricultural group operating across Southern and East Africa. The group is recognised for its commitment to climate resilience, inclusive growth, and community empowerment. Additionally, the Silverlands Group supports smallholder farmers across sub-Saharan Africa through access to quality seeds, training, and market opportunities, which is transforming livelihoods and fostering agricultural innovation.
Silverlands’ Namibian farms benefit from excellent growing conditions which enables the early harvest of table grapes and production of premium quality dates.
‘This partnership with Achill Island Investments is a powerful example of how Nedbank is enabling growth in sectors that matter,’ said Nedbank Namibia’s Chief Commercial Officer, JG van Graan. ‘Agriculture is a cornerstone of Namibia’s economy, and we are proud to support a client that combines operational excellence with a deep commitment to sustainability and social impact.’
Silverlands’ strategic outlook includes further innovation and expansion, reinforcing Namibia’s position as a competitive player in global agricultural markets. Nedbank remains committed to supporting clients who are shaping the future of agriculture through technology, finance, and sustainable practices.