The Minister of Agriculture, Water and Land Reform, Calle Schlettwein, has taken aim at the private sector, whose administration has proved to be a failure in running and making the most out of the green schemes and abattoirs despite renewed empowerment efforts. Schlettwein expressed his disappointment at the ongoing five-day ministerial planning workshop in the capital,...
The new EIF green concessional loan facility for youth entrepreneurs wishing to undertake economically viable investments that integrate low carbon and climate adaptation instruments is expected to grow and deploy N$300 million in the 2024/2025 financial year. This is contained in EIF’s annual report for the 2022/2023 financial year released last week. “The establishment of...
The Ministry of Agriculture, Water and Land Reform says it is seeking an 84% budget boost to bridge the budget shortfall, with N$400 million urgently needed for the 2024-2025 fiscal year. This comes as only N$65 million has been allocated to agriculture for the 2024-2025 financial year, representing a mere 16% of the required funds...
Niël Terblanché President Nangolo Mbumba took strides towards advancing Namibia’s green economy and economic independence during engagements in Lüderitz over the weekend. He initiated several projects aimed at promoting renewable energy and local development. This included the inauguration of the Hyphen Meteorological Mast to measure wind potential for renewable energy generation, and a visit to...
At the Namibia Green Hydrogen Programme, we aim to write a weekly mini-series, covering key national topics, that are at the fore of the Green Hydrogen Industry in Namibia, which will be transformational for the country and most importantly its citizens. We have already seen success stories of students receiving bursaries, the start of local...
Bank of Namibia governor Johannes !Gawaxab has cautioned against the phenomenon whereby the rapid development of the oil and gas and green hydrogen industries in Namibia may lead to a decline in investments in other vital sectors such as agriculture, fishing and tourism. While acknowledging the positive contributions of oil and gas exploration activities, as...
The role countries will play in future green hydrogen industrial market are mainly focussed on three key applications: ammonia, methanol, and steel production. These sectors are among the largest consumers of hydrogen, accounting for about 41% of global demand, and are expected to increase their shares due to global decarbonisation efforts. However low-carbon transition in...
WINDHOEK: Bank of Namibia Governor Johannes !Gawaxab said enormous economic opportunities are coming for the town of Luderitz, as it is at the centre of Namibia’s oil and gas exploration and green hydrogen development. !Gawaxab made the remarks during a public lecture at the southern harbour town on Wednesday, noting that: ‘As the energy capital...
The Green Hydrogen Commissioner states that discussions surrounding green hydrogen in Namibia have progressed beyond mere conversation. It is now necessary for Namibia to develop a plan for a green industrial agenda, focusing on production and the establishment of new industries. During an interview on NBC’s Talk of the Nation program, James Mnyupe mentioned that...
