Windhoek, July 9 -- India and Namibia exchanged MoUs in the presence of Prime Minister Narendra Modi and the President of Namibia, Netumbo Nandi-Ndaitwah, on Thursday.

The MoU focuses on setting up the Entrepreneurship Development Centre in Namibia.The second MoU Cooperation in the field of Health and Medicine.

Further, Namibia formally joined two key initiatives: the Coalition for Disaster Resilient Infrastructure (CDRI) and the Global Biofuels Alliance. The letters of acceptance for these memberships were exchanged during Prime Minister Modi's visit.

A notable announcement was also made from Namibia regarding the launch of a digital payments system in the country later this year. This development is the result of a UPI technology lic...