Affordable Higher Education Student Accommodation

Buildings of the Windhoek High School in Namibia. The school was founded in 1917
Photo by Grobler du Preez / Shutterstock
Affordable Higher Education Student Accommodation
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Education
Education Infrastructure
Business Model Description

Develop and operate student accommodation infrastructure that serves tertiary education institutions.

Expected Impact

Improve access to higher education, reducing existing inequalities, through affordable student accommodation on the campus of Namibia's major universities.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
< USD 50 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Quality Education (SDG 4) Decent Work and Economic Growth (SDG 8)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Reduced Inequalities (SDG 10)
Sector Sources
  • I) SDG Center for Africa and Sustainable Development Solutions Network, 2019, Africa SDG Index and Dashboards Report 2019, Kigali and New York: SDG Center for Africa and Sustainable Development Solutions Network, https://sdgcafrica.org/wp-content/uploads/2019/06/SDGS_INDEX_REPORT_2019WEB.pdf. II) Republic of Namibia. National Planning Commission, 2017, Namibia's 5th National Development Plan (NDP5), https://www.npc.gov.na/?wpfb_dl=294. III) Republic of Namibia, Office of the President, 2016, Harambee Prosperity Plan 2016/17 - 2019/20 Progress Report, Goals and Outcomes, https://op.gov.na/documents/84084/572904/HPP+Report+2019/66c2eef8-3b23-45be-bc2c-5e728699057e. IV) Republic of Namibia, National Planning Commission, 2018, Implementation of Sustainable Development Goals. Voluntary National Review, https://sustainabledevelopment.un.org/content/documents/19880New_Version_Full_Voluntary_National_Review_2018_single_1_Report.pdf. V) Jellenz, M.; Bobek, V. and Horvat, T, 2020, Impact of Education on Sustainable Economic Development in Emerging Markets—The Case of Namibia’s Tertiary Education System and its Economy, Sustainability 12, 8814; doi:10.3390/su12218814. VI) The Research Department of the Bank of Namibia, 19th Annual Symposium: Creating Employment through Technical Vocational Education and Training in Namibia, 2018, https://www.bon.com.na/CMSTemplates/Bon/Files/bon.com.na/e9/e9a69b18-c864-48fc-825f-7d9eb982b781.pdf. VII) World Bank, 2017, Skills Development, https://www.worldbank.org/en/topic/skills development. VIII) Psacharopoulos, G. & Patrinos, H. A, World Bank, Policy Research Working Paper, Returns to Investment in Education: A Decennial Review of the Global Literature, 2018, http://documents1.worldbank.org/curated/en/442521523465644318/pdf/WPS8402.pdf. IX) DNA Economics, 2021, SAM Multiplier Analysis for the SDG study in Namibia, Six Capitals.
IOA Sources
  • 1) EOS Capital Website, About NIDIF, https://www.eoscapital.com.na/nidif. 2) Republic of Namibia, National Planning Commission, 2017, Namibia's 5th National Development Plan (NDP5), https://www.npc.gov.na/?wpfb_dl=294. 3) Albertina Nakale, New Era Live, 2020, New student funding crisis looms, https://neweralive.na/posts/new-student-funding-crisis-looms. 4) Trustco Banking and Finance Segment, Annual Integrated Report 2019, https://www.tgh.na/wp-content/uploads/2019/07/TBN_FIN_IAR-2019.pdf. 5) International Finance Corporation, Helping Students Hit the Books in Namibia, https://www.ifc.org/wps/wcm/connect/news_ext_content/ifc_external_corporate_site/news+and+events/news/trustco_namibia. 6) Ministry of Finance & CRISIL Rick and Infrastructure Solutions Ltd, Candidate PPP Projects in Namibia, 2020. 7) Ministry of Finance, PPP Unit; Ministry of Higher Education, Training and Innovation, 2020. Not available publicly. 8) Ministry of Education, Namibia Students Financial Assistance Fund, 2005, https://www.moe.gov.na/files/downloads/c4d_NSFAF%20POLICY.pdf. 9) National Housing Policy, 1991 / 2009, Republic of Namibia, https://www.npc.gov.na/downloads/Policies%20(By%20institutions%20or%20sector)/Urban%20and%20Rural%20Development/National%20Housing%20Policy,%201991.pdf. 10) National Council of Higher Education, Republic of Namibia, http://www.nche.org.na. 11) Education Act, 2001, Republic of Namibia, https://laws.parliament.na/annotated-laws-regulations/law-regulation.php?id=411. 12) Higher Education Act, 2003, Republic of Namibia, https://laws.parliament.na/annotated-laws-regulations/law-regulation.php?id=412. 13) Estate Agents Act, 1976, Republic of Namibia, https://laws.parliament.na/annotated-laws-regulations/law-regulation.php?id=108. 14) National Housing Development Act 28, 2000, Republic of Namibia, https://laws.parliament.na/annotated-laws-regulations/law-regulation.php?id=98. 15) Transformation and Expansion Strategy for Technical and Vocational Education and Training (TVET), Namibia Training Authority, 2016. 16) Ministry of Finance, 2020, Identification Candidate PPP Projects in Namibia: Draft Report, CRISIL Risk and Infrastructure Solutions Limited in association with MPP Civils Namibia, Available upon request from the Ministry of Finance, PPP Unit. 17) Lembani, R., L, Country Report on Namibian University Education – 2019, International Distance Education and African Students (IDEAS), National Research Foundation, UNISA, http://ideaspartnership.org/userassets/IDEAS_Namibia_Country_Report_2019_FINAL.pdf. 18) Zimba, R. 2015, Manifestations of Namibian Boy’s Underachievement in Education. Forum on Public Policy, https://files.eric.ed.gov/fulltext/EJ1091523.pdf.