The Trust was set up by Osino Namibia Holdings (Pty) in 2021 to house and expand its corporate social investment activities. The Trust takes its name from Osino’s Twin Hills gold project near the town of Karibib, in the Erongo Region.
Potential projects are thoroughly assessed and then reviewed by the trustees for approval. Projects are monitored to track performance and disbursement of funds occurs in tranches, subject to the achievement of pre-determined milestones.
A regional socio-economic baseline study and a review of the Namibian government’s development priorities were used to identify the following areas for funding:
Osino is the founder and seed investor of the Twin Hills Trust.
“The vision is for the Trust to become self-sustaining and independent of Osino, and the social investment vehicle of choice for all of our partners active at the Twin Hills site. We are excited that a growing number of service providers, suppliers and investors are deciding to support the Trust’s work.”
Heye Daun, Osino Founder and CEO