Saturday, August 1, 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
DSTV WC26 Campaign
Home Business & Economy

Germany commits to supporting Namibia, spends N$29 billion

by editor
March 10, 2023
in Business & Economy
5
A A

The Federal Republic of Germany has reaffirmed its commitment to supporting Namibia’s development and economic reforms, saying it will continue to provide more, despite having pumped N$29 billion  (1.5 billion Euros) into Namibia since her independence.  

The financial support stems from 1990 to 2021. 

“The two governments confirmed their commitment to further strengthen the longstanding partnership and friendship. And this is also reflected in the scale of German development funding which is the highest per capita input in Africa,” said a joint statement by National Planning Commission of Namibia and the Germany Embassy.  

The affirmations follows an Inter-governmental Bilateral Consultations on Development Cooperation,  that took place from 27 February to 1 March. 

During the consultations, both parties reconfirmed the three core areas of 

the joint cooperation namely: Sustainable Economic Development, Training and Employment, with a focus in activities  of private sector and financial sector 

development as well as technical and vocational training.

 Climate and Energy, such as involvement in renewable energy and energy efficiency, including inclusive sustainable urban development. Conserving Nature and Natural Resources, Protecting Life 

on Earth through engaging in natural resource management-biodiversity, agriculture and integrated land 

management as well as water, are among other focal areas of cooperation. 

“Further fields of cooperation outside the focal areas that were discussed during the consultations are the outgoing focal area transport and the crosscutting program of Sustainable Development Goals-Initiative Namibia.” 

“The main goal of development cooperation is to promote the sustainable economic development of Namibia by creating jobs and income, fighting poverty and the severe inequality in Namibia while at the same time preserving the natural resources of Namibia,” further read the statement.  

The two missions also conducted a field trip to monitor project progress and development impact in the areas of Technical and Vocational Education Training, Inclusive Sustainable Urban Development; Natural Resource Management, Agriculture and Integrated Land Management as well as Transport, just to see and have a feel of how far, and the significance of support, has stretched. 

author avatar
editor
See Full Bio
Previous Post

Namibia’s DRC, Zambia dry ports not fully used

Next Post

NSFAF plans garnishee orders to recover N$4.2bn debt

Must Read

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
AfDB flags fiscal risks, urges deeper reforms in Namibia
Business & Economy

AfDB flags fiscal risks, urges deeper reforms in Namibia

July 18, 2025
Women now lead over 70% of Namibian SMEs
Business & Economy

Women now lead over 70% of Namibian SMEs

July 8, 2025
Load More

Related News

A wake-up call for Namibia: Cybersecurity in the spotlight

A wake-up call for Namibia: Cybersecurity in the spotlight

December 19, 2024
Namibia, Zambia ink four cooperation agreements

Namibia, Zambia ink four cooperation agreements

September 8, 2023
Value investing amid South Africa’s economic challenges: Opportunities for Namibian Asset Managers

Value investing amid South Africa’s economic challenges: Opportunities for Namibian Asset Managers

June 21, 2024

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.