• Business & Economy
  • Companies
  • Agriculture
  • Technology
  • Africa
Thursday, August 21, 2025
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
No Result
View All Result
Home News Namibia

Germany provides over N$32 billion in development aid to Namibia

by editor
March 6, 2025
in Namibia
6
A A

The German Embassy in Namibia has revealed that Germany has provided more than N$32 billion (€1.6 billion) in developmental aid to the country through its implementing agencies KfW, GIZ, and BGR.

German Ambassador Thorsten Hursster said Germany is currently funding 60 active projects aimed at supporting Namibia’s economic and social development.

“Overall, the total financial and technical support extended by Germany since 1990 exceeds €1.6 billion (approximately N$32 billion). The current portfolio comprises approximately 60 projects distributed amongst the implementation organisations KfW (25), GIZ (32), and BGR (3). The funds are a mix of grants and preferential loans,” Hursster said on Wednesday.

He explained that KfW oversees 25 projects, primarily focused on infrastructure development, financial sector growth, and environmental conservation.

GIZ is responsible for 32 projects, providing technical expertise in vocational training, renewable energy, governance, and sustainable urban development.

BGR he noted, manages three projects, specializing in natural resource management and geological research to ensure the sustainable utilization of Namibia’s mineral wealth.

He explained that Germany’s development cooperation with Namibia is centered on three key areas, addressing some of the country’s most pressing challenges. One of the primary focus areas is conserving nature and natural resources, which includes biodiversity protection through conservation initiatives in national parks and community conservancies.

Additionally, efforts are being made to improve water and sanitation infrastructure, ensuring access to clean drinking water and effective wastewater management in both rural and urban areas.

The second major focus area is climate and energy, with Germany supporting Namibia’s transition towards renewable energy and energy efficiency. This includes investments in solar, wind, and green hydrogen projects to enhance the country’s energy security.

Sustainable urban development is also a priority, with efforts geared toward affordable housing and climate-friendly city planning.

The third key focus area is sustainable economic development, training, and employment. German cooperation has been instrumental in technical and vocational education and training (TVET), particularly in fields such as engineering, agriculture, and ICT, to boost employment opportunities for Namibians.

Additionally, Germany supports financial and private sector development, including initiatives that promote small and medium-sized enterprises (SMEs) and entrepreneurship to stimulate economic growth.

He said Germany remains committed to poverty reduction, job creation, and economic growth in Namibia, with ongoing initiatives in climate change adaptation, water scarcity solutions, green hydrogen development, and critical raw materials exploration.

“Today, the cooperation between the Namibian and the German governments is oriented towards and aligned with the National Development Plan 5 and the Harambee Prosperity Plan II. German-Namibian Development Cooperation today focuses on three main areas of intervention,” Hursster said.

author avatar
editor
See Full Bio
Tags: developmental aidGerman EmbassyThorsten Hursster
Share192Tweet120Share34
Previous Post

Namibia moves to enable YouTube monetization, PayPal and Apple Pay

Next Post

Bank of Namibia to introduce new notes and coins 

MUST READ

Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier
Namibia

Namibia urged to fast-track reforms to secure place as Africa’s next energy frontier

August 15, 2025
Namibia’s oil and gas reserves could generate N$7.7bn annually
Namibia

Namibia’s oil and gas reserves could generate N$7.7bn annually

August 13, 2025
Standard Bank posts N$556.9m six-month profit, up 10%
Namibia

Standard Bank posts N$556.9m six-month profit, up 10%

August 13, 2025
NamRA sees drop in illegal vehicle imports following moratorium
Namibia

NamRA plans digital system to track SME earnings and enforce compliance

August 13, 2025
Namibia targets state lottery launch within two years
Namibia

Namibia targets state lottery launch within two years

August 7, 2025
Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn
Namibia

Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn

August 4, 2025
Next Post
Bank of Namibia to introduce new notes and coins 

Bank of Namibia to introduce new notes and coins 

Related News

Namibia records 90,917 airport passenger arrivals in March

Namibia records 90,917 airport passenger arrivals in March

May 14, 2024
Another executive leaves Trevali

Another executive leaves Trevali

September 27, 2022
Namibia to pilot US$4.2bn aviation market

Namibia to pilot US$4.2bn aviation market

November 28, 2022

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

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

  • Home
  • Companies
  • Business & Economy
  • Mining & Energy
  • Opinions
  • Property
  • E-Editions

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
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions