Namibia’s Ministry of Finance aims to pursue project funding through the Abu Dhabi Development Fund, following talks held on the sidelines of the 4th International Conference on Financing for Development in Seville, Spain.
Minister of Finance, Ericah Shafudah, led the Namibian delegation and met with the UAE’s Minister of State for International Cooperation, Reem Ebrahim Al Hashimy, to discuss development cooperation and access to concessional finance.
According to the Ministry, the UAE encouraged Namibia to submit formal proposals for funding, with a view to strengthening bilateral ties and supporting mutually beneficial development initiatives.
“The discussions focused on strengthening Namibia–UAE relations, particularly in the area of development finance. The UAE encouraged Namibia to submit project proposals for possible funding through the Abu Dhabi Development Fund,” the Ministry said.
Namibia’s engagement with the UAE comes as the country also seeks funding from other climate and development institutions.
Recently, Namibia submitted its first proposal to the Green Climate Fund (GCF), seeking support for a climate-resilient agriculture project focused on drought mitigation and smallholder productivity.
The GCF proposal, backed by the Environmental Investment Fund of Namibia, requested more than US$10 million in funding.
Officials say Namibia’s efforts to mobilise international finance are critical to its economic transformation plans, particularly in infrastructure, agriculture, and green energy.
The Ministry added that participation in forums such as the Seville conference is part of a broader strategy to “foster strategic partnerships that support national development priorities.
