Thursday, September 10, 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 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
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

Group of graduates in navy gowns throwing their black mortarboards with gold tassels into the air against a blue sky
Namibia

Namibia’s universities face barriers in aligning courses with job market

August 28, 2026
Namibia to assess viability of Grootfontein–Katima Mulilo rail line
Namibia

Trans-Kalahari Railway gets high-level push after years of delays

August 27, 2026
Chinese companies paid N$16.7 billion in Namibian taxes in 2024
Namibia

Chinese companies paid N$16.7 billion in Namibian taxes in 2024

September 8, 2025
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
Load More

Related News

What Musk satellite internet plan means for Tanzania

What Musk satellite internet plan means for Tanzania

November 29, 2022
MTC invests N$4 million in staff side businesses

MTC backs ICT Summit with sponsorship

May 26, 2026
More African countries implementing ESG finance policies – study

More African countries implementing ESG finance policies – study

October 13, 2022

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.