Wednesday, September 30, 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 Green Hydrogen

EU pledges continued investment in Namibia’s economy and green transition

by reporter
May 16, 2025
in Green Hydrogen
10
A A

Namibia and the European Union on Thursday marked 35 years of formal diplomatic and economic cooperation, with both parties reaffirming commitments to trade, development finance, and green industrialisation.

At the Europe Day celebration in Windhoek, Deputy Minister of International Relations and Trade, Jenelly Matundu, described the EU as a consistent and trusted partner since Namibia’s independence.

“This cordial relationship has been maintained since 1990, and the EU has become a major trading partner for Namibia,” she said.

Matundu highlighted EU financial support across multiple sectors, including infrastructure, education, and clean energy. Key funding has come through the European Development Fund (EDF).

She noted several flagship projects, including N$320 million for early childhood development and N$45 million for Windhoek’s Waste Buy-Back Centre.

“The EU has supported Namibia’s development goals through strategic partnerships that contribute to poverty reduction and sustainable growth,” said Matundu.

The Deputy Minister also acknowledged the EU’s role in Namibia’s port infrastructure development and green hydrogen ambitions, including support for the recently inaugurated HyIron Oshivela plant in Arandis.

She welcomed the EU’s backing of Namibia’s Vision 2030 and applauded its alignment with the country’s green recovery strategy.

Similarly, EU Ambassador Ana Beatriz Martins emphasized the economic strength of the partnership, noting that Namibia currently runs a trade surplus with the EU.

She credited the SADC-EU Economic Partnership Agreement, now in its tenth year, for providing Namibia duty- and quota-free access to the EU single market.

“The EU is Namibia’s largest export market and most diverse trading partner. We view this success as shared prosperity,” said Martins.

Martins also underscored the EU’s commitment to Namibia’s green transition, referencing the HyIron plant, developed using German technology, which is the world’s first to produce iron using only renewable energy.

She said at least six additional projects are being assessed, with potential to bring N$408 billion in investment to Namibia’s green hydrogen sector.

“This partnership is already yielding tangible benefits and positioning Namibia as a global player in decarbonisation,” said Martins.

Beyond trade and energy, the EU plans to roll out a technical vocational education programme focused on green industry skills. Martins said the EU is also supporting governance reforms, particularly in anti-corruption and financial oversight.

She affirmed the EU’s support for Namibia’s leadership in women’s empowerment, referencing the upcoming 25th anniversary of UN Resolution 1325 and Namibia’s hosting of a side event in New York.

“Our cooperation on gender equality, peace and security continues to be a key pillar of our partnership,” she said.

Both sides are expected to reinforce their commitments at the 3rd African Union–European Union Ministerial Meeting in Brussels on 21 May, where economic transformation and development financing will be central themes.

“We look forward to further elevating AU–EU cooperation and strengthening Namibia’s role within it,” said Martins.

author avatar
reporter
See Full Bio
Previous Post

Namibia imports N$136 million citrus planting materials annually

Next Post

Namibia called to leverage resources, infrastructure to advance circular economy

Must Read

Hyphen launches national census to identify skills for green hydrogen sector
Green Hydrogen

Hyphen secures N$106m AfDB grant for green hydrogen project

September 22, 2026
Large conference hall with a panel on stage and a crowded audience listening.
Green Hydrogen

Namibia seeks deeper ties with South Africa to unlock global green markets

September 15, 2026
Reception lobby with a green vertical moss wall, curved wooden bench, and World Resources Institute logo on a white wall nearby
Green Hydrogen

Namibia ranks second globally for renewable energy growth

September 14, 2026
Interviewer in a blue suit hands a microphone to a woman in a patterned dress as she shakes hands with a young man; flags behind them.
Green Hydrogen

Nandi-Ndaitwah calls for regular skills audits to close Namibia’s workforce gaps

September 14, 2026
Aerial view of a desert solar farm with rows of photovoltaic panels and small rectangular buildings, mountains on the horizon.
Green Hydrogen

Dâures green fertiliser pilot targets first local production by Q4 2026

September 11, 2026
Smiling woman with short gray hair and red rectangular glasses, wearing a black blazer, outdoors near a modern building grounds.
Green Hydrogen

Namibia moves to set rules for emerging green industries

September 10, 2026
Load More

Related News

At first glance, Namibia’s Mid-Year Budget Review reads like a story of calm seas and steady hands

Where performance meets the present

February 26, 2026
Real estate and manufacturing sectors drive surge in corporate credit to N$50.88bn

Namibia’s household credit conditions remain tight

January 5, 2026
Private sector fails to run green schemes, abattoirs – Schlettwein

Private sector fails to run green schemes, abattoirs – Schlettwein

April 16, 2024

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.