The Namibia Investment Promotion and Development Board (NIPDB), the Environmental Investment Fund of Namibia (EIF), dmg events, and Vasco Da Gama Energy plan to host the Global African Hydrogen Summit (GAh2S).
The Summit is scheduled to take place in Windhoek from 03 – 05 September 2024.
Themed ‘From Ambition to Action: Fueling Africa’s Green Industrial Revolution,’ the three-day Summit is expected to convene heads of state, government agencies, industry business leaders, project developers, investors, thought leaders, and technologists from across Africa and around the globe to drive critical investments and financing into bankable green energy projects.
Project and investment showcases will span the hydrogen, renewables, power, infrastructure, transportation, and mobility sectors.
“GAh2S will focus on the global role Africa expects to play in the hydrogen market and will facilitate collaboration and advance dialogue across policy, investment, and the emerging hydrogen value chain. The continent has the potential to harmonize its own industrialization to become a global powerhouse of green manufactured products, while applying a localized multiplier effect, stimulating in-continent value, including employment creation, ancillary industries, light manufacturing, and natural resource refining – uplifting economies across Africa, while sustainably bringing an end to energy poverty,” the organizers said.
This comes as several African countries—most notably Egypt, Kenya, Mauritania, Morocco, Namibia, and South Africa—are actively pursuing clean hydrogen production.
A McKinsey & Company report projects that by 2050, the annual investment required will more than double to US$160 billion, with the focus of investment likely shifting to an expected 43% of capital expenditure spent on hydrogen.
