Tuesday, November 10, 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 Latest

Biomass sector has N$76bn potential – Shifeta

by editor
September 8, 2022
in Latest
5
A A

Namibia has potential to generate N$76 billion in 25 years if the country rehabilitates and restores its encroached bush land, Environment, Forestry and Tourism Minister Pohamba Shifeta has said.

The country currently faces several pressing environmental challenges, which include bush encroachment, biodiversity loss and climate change. Bush encroachment involves the replacement of native grasses by encroaching bush species.

“About 45 million hectares of our grassland savannah are estimated to be affected by bush encroachment. This has severe negative impacts on biodiversity, soils, water availability, the land productivity and the livelihoods of our people, which are largely dependent on the country’s vast natural savannah ecosystem,” the minister said.

“Yet our situation with regard to bush encroachment also offers numerous economic opportunities. The bush can be used as a basis for value chains that contribute to improved domestic economic development, add value to export products, create employment and income in rural areas and can be an innovation driver for future green technologies.”

Shifeta made these remarks at the opening of the Biomass Fair Industry Conference and launch of the National Strategy on the Sustainable Management of Bush Resources 2022-2027.

“It is notable that today’s Biomass Fair is taking place under the theme ‘Discovering a new decade for biomass’, hence it is critical that this is done sustainably, and based on application of science and on value addition. We also have to ensure that such a process benefits our local communities,” he stressed.

The Environment Minister indicated that employment creation, diversification of farming enterprises’ income streams especially during drought years; including the innovative value chains of bush-based animal feed, biochar for soil enhancement and the much-anticipated NamPower’s 40 Megawatt biomass power plant, are some of the impressive achievement that the industry attains.

“I am informed that in spite of the impact of the COVID-19 pandemic, the bush biomass sector is one that continues to grow  and it is a sector with high economic potential as we recover from  the impacts of the pandemic. It is therefore, not surprising to see a growing interest from the private sector, national and international development institutions to promote bush value chains and build a flourishing bush-based biomass industry,” he said.

“This Strategy provides a framework to ensure that bush resources are used sustainably with value added. The development of the bush biomass sector benefits all Namibians and the broader environment, hence, I reach out to all the stakeholders, both private and public, to join hands and support us in ensuring the successful implementation of the strategy.”

He also noted that his Ministry was committed to ensure the optimal management and use of bush resources to safeguard the sustainability of the resource base and to generate environmental and socio-economic benefits.

It is also essential to ensure that our bush control efforts contribute to achieving important international commitments on deforestation and afforestation, land degradation and desertification, climate change mitigation and adaptation, as well as conservation of biological diversity as outlined in the Rio Conventions, he added.

“Adaptation to climate change is a key priority for Namibia and restoration of our Savannah, bush biomass utilization and value addition are identified as key adaptation actions in our Nationally Determined Contributions (NDC).”

author avatar
editor
See Full Bio
Previous Post

Engineering firms clash over N$600k payment

Next Post

Cattle transport ban lifted as foot-and-mouth cases ease

Must Read

Four professionals stand in a conference room, each holding a green training booklet during a formal event. Flags and curtains visible in the background.
Latest

Export readiness, trade finance constraints hinder Namibia’s AfCFTA participation

November 9, 2026
Local NSX trade value drops to N$129 million despite market gains
Latest

Tharisa secures secondary listing on Namibia Securities Exchange

November 9, 2026
President demands action on high bank fees and financial exclusion
Latest

New housing projects must be matched by expanded water and sewerage infrastructure

November 9, 2026
African woman wearing a blue headwrap and striped scarf speaks at a podium with microphones, flags in the background.
Latest

Nandi-Ndaitwah questions hiring of foreigners for jobs Namibians can do

November 8, 2026
Male graduate in cap and gown delivering a speech at a podium on a red stage curtain backdrop; a video camera records nearby
Latest

Vocational graduates challenged to become job creators, not job seekers

November 6, 2026
Woman in a dark blazer delivers a speech at a clear podium during a conference, with a dotted map of Africa in the background and a small flag pin on her chest.
Latest

Govt warns anti-competitive practices could limit benefits of major investments

November 6, 2026
Load More

Related News

Windhoek Country Club Resort appoints new General Manager

Windhoek Country Club Resort appoints new General Manager

April 28, 2025
Erongo Red board member calls for immediate withdrawal of CEO’s appointment

Erongo Red board member calls for immediate withdrawal of CEO’s appointment

May 28, 2022
Sierra Leone lauds Namibia roads

Sierra Leone lauds Namibia roads

January 18, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • 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
  • e-edition
  • 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.