Wednesday, October 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 Companies Finance

Namibia, Germany sign N$386 million climate project funding agreement

by editor
June 6, 2024
in Finance
304
A A

Namibia and Germany signed a N$386.5 million climate project funding agreement for water supply, groundwater management, and urban development in Lüderitz and Aus.

The agreement signed by the Director General of the National Planning Commission, Obeth Kandjoze and Andreas Götze, Deputy Head of Mission of the Federal Republic of Germany, also includes financial cooperation and technical cooperation between the two countries.

“The commitments for the signed agreements were made during Government Negotiations on Development Cooperation between Namibia and Germany in June 2023. In the scope of these negotiations, strategies and priorities for the future cooperation are discussed and agreed upon,” the German embassy said.

It added that “the Namibia – German cooperation has yielded positive development results and has contributed to Namibia’s quest of achieving its national aspirations such as employment creation, poverty reduction and reducing inequality. Employment creation, poverty reduction and reducing inequality is a central component of the relations between Namibia and Germany.”

Germany’s official development assistance since Namibia’s independence until 2023 amounts to approximately N$32 billion (€1.6 billion). In per-capita terms, Namibia is thus the largest recipient of German development cooperation in Africa.

Following Government negotiations in June 2023, this year’s bilateral consultations took place from 24 to 26 April 2024 at Swakopmund.

At the consultations, Germany assured to align its future development cooperation with the ideas and goals formulated in Namibia’s development strategies such as the National Development Plans (NDPs), with the priorities of the NDP6 to be launched in April 2025 and the Harambee Prosperity Plan (HPP) as well as the United Nations’ Sustainable Development Goals (SDG).

“Prior to the 2024 inter-governmental consultations, the two parties conducted a field trip to monitor project progress and development impact in the area of Rural Development (bush control and biomass utilisation); Natural Resource Management (Nam Parks); Environmental and Climate Change (Benguela Marine Spatial Planning); Renewable Energy under the Energy H2 Partnership Namibia/Germany (HyIron) as well as completed projects under the former Namibian-German Special Initiative Program which was finalised in 2017.”

The next bilateral negotiations on Development Cooperation are planned for September 2025 in Lüderitz, //KharasRegion.

author avatar
editor
See Full Bio
Previous Post

Namibia’s annual inflation slows to 4.9% in May

Next Post

Employers warn job losses after minimum wage introduction

Must Read

NPC reports 48% execution of N$11.8bn development budget
Finance

Shafudah to table Mid-Term Budget Review on Thursday

October 20, 2026
Namibia records second-lowest IMF debt in Africa at N$378.1m
Finance

IMF projects Namibia’s current account deficit to widen to 16.9% of GDP

October 19, 2026
Portrait of a smiling man in a blue shirt and navy blazer in a modern office with plants nearby.
Finance

Bank Windhoek disburses N$147m in sustainable loans, targets N$300m

October 19, 2026
A hand holding a salary slip labeled 'SALARY SLIP' outdoors with apartment buildings in the background
Finance

Low pay and salary delays push workers into debt

October 16, 2026
Speaker in a red blazer standing behind a lectern with a laptop, microphone, and a visible name badge reading 'Jaylo' at a CIS-themed event.
Finance

Namibian banks, financial institutions to face monthly credit data quality assessments

October 16, 2026
Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn
Finance

Lack of credit histories shuts individuals, small businesses out of financing

October 15, 2026
Load More

Related News

Bank Windhoek wins four SMARTIES Awards

Bank Windhoek’s  Jacquiline Vemunikapi Pack  wins continental marketing award

June 17, 2026
In Brief

In Brief

March 8, 2022
Experience is the new strategy in marketing

Experience is the new strategy in marketing

October 1, 2025

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.