Friday, August 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Business & Economy

EU commits N$627m towards Namibia’s developmental purposes

by editor
July 7, 2022
in Business & Economy
5
A A

The European Union has committed to channel more than N$627 million (37 million Euros) to address social issues such as education sector, water, sanitation and energy generation, as well as promoting good governance and gender equality in Namibia.

The funding is part of the EU’s Multi-annual Indicative Programme (MIP) through a seven-year cooperation agreement.

The N$627 million, which is coming through the National Planning Commission, will fund projects stemming from 2021-2024.

Further funding for the remainder of the agreement will be allocated following a mid-term review to be held in 2025.

“Through this programme of cooperation, the EU and member states commit another seven years to further support Namibia in human development and education; giving children and youth a chance for a better future. The programme further supports good governance and strengthens inclusive green growth, which creates new opportunities to Namibian individuals and businesses,” said EU Ambassador Sinikka Antila, during an official handover held in the capital.

The funding is encored upon three pillars of foundational skills, which deals with support and improvement of early childhood development, with an aim to enhance equitable and inclusive access to quality Pre-Primary Education. This sector is allocated 13 million Euros, to be used in to construct, upgrade ECD centres and extend feeding programmes at ECD centres; and further provide training to educators.

Another focus is on inclusive Green Growth, which seeks to address renewable energy, water and sanitation, climate change adaptation and mitigation, including biodiversity conservation.

“We aim to implement this component in close collaboration with EU member states as a team European Initiative, as this will further support Namibia’s initiative towards Green Economy. Meanwhile, EU is also strengthening its partnership on critical raw materials and hydrogen,” she said. 

The National Assembly, Anti-Corruption Commission, Ministry of Gender Equality, Child Welfare Poverty Eradication, are said to benefit from the third pillar funding of Good Governance and Gender Equality, as it seeks to see the effective and accelerated implementation of the E parliament strategy. National Anti-Corruption strategy and action plan including that of combating Gender-Based-Violence, are poised as priority support.

All these efforts are geared towards supporting and implementation of the fifth National Development Plan, The Harambee Prosperity Plan and Vision 2030, says the National Planning Commission Executive Director, Wilhencia Uiras, as she accepted the symbolic cheque. In addition, she said, what is left is for Namibia to implement and effect change to the neediest parts of society.

 

 

 

author avatar
editor
See Full Bio
Previous Post

Namibia finalises informal sector policy document

Next Post

Parliament wants Namcor to increase stake in oil companies to over 50%

Must Read

Front entrance of the Ministry of Finance, with a large sign reading 'MINISTRY OF FINANCE FISCUS BUILDING' above glass doors.
Business & Economy

Namibia expands public procurement rules to over 80 additional entities

August 19, 2026
Diverse group of people posing outside a glass-front building for a community event, several wearing sashes and smiling at the camera.
Business & Economy

Standard Bank connects 60 Namibian SMEs to buyers, new markets

August 16, 2026
42 youth ventures worth N$14.7m secure funding from N$500m fund
Business & Economy

42 youth ventures worth N$14.7m secure funding from N$500m fund

September 29, 2025
!Gawaxab earns PhD in Economics from UCT
Business & Economy

!Gawaxab earns PhD in Economics from UCT

September 10, 2025
DBN youth SME funding sees only N$1.25m disbursed amid low uptake
Business & Economy

DBN youth SME funding sees only N$1.25m disbursed amid low uptake

July 23, 2025
Namibia targets to formalise 950 informal businesses by 2030
Business & Economy

Namibia targets to formalise 950 informal businesses by 2030

July 22, 2025
Load More

Related News

The meaning of business turnaround for Namibian businesses

How turnaround strategies work

December 18, 2025
SWF and public pension fund assets hit record US$31.9trn – report

SWF and public pension fund assets hit record US$31.9trn – report

January 3, 2022
Works Ministry moves to decriminalise overloading

Works Ministry moves to decriminalise overloading

November 8, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.