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Home Business & Economy

Geingob scoops green infrastructure investment award

by editor
November 16, 2023
in Business & Economy
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President Hage Geingob has won the African Presidential “Green Infrastructure Investment Statesman” of the Year Award at The African NDC Presidential Investment Statesman of the Year Awards 2023.

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The award will be presented at the COP28 Africa Investment Earthshot Leaders Summit and NDC Investment Awards in the UAE.

The NDC Investment Awards, organized by Africa investor and sponsored by the Africa Green Infrastructure Investment Bank, were launched at the Commonwealth Heads of Government Meeting in Kigali in June 2022. The inaugural awards were presented in November 2022 at COP27.

The purpose of the NDC Investment Awards is to recognize achievements across the main NDC sectors and reward the governments, institutions, and individuals driving transactions to improve the investment readiness of Africa’s NDC projects, requiring US$3 trillion of investment by 2030.

The 2023 NDC Investment Awards were profiled at the Africa Climate Summit in Nairobi, with the Best Shortlisted NDC project categories announced during Climate Week and the 78th Session of the UN General Assembly in New York.

Geingob has also been invited to speak at the COP28 Africa Investment Earthshot Leaders Summit.

Hosted by the COP28 Presidency, the CEO, and Heads of State-level Africa Investment Earthshot Leaders Summit convenes African and global public and private sector investment institutions and leaders to share Africa’s participation in the US$10 trillion per annum global green industrial economy. This initiative is aimed at the decarbonization of the continent and the world.

The Summit builds on the outcomes of the Africa Climate Summit and the African Union’s 5% Infrastructure Investment Allocation Agenda (5% Agenda) to establish African green industrial infrastructure as a globally competitive investable asset class.

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Tags: Africa InvestorCOP28economyHage Geingobinfrastructureinvestmentnamibianamibia newsnominatedUAE
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