Tuesday, November 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 Latest

Namibian investors back N$2.2bn hydroponics project to cut food imports

by reporter
May 18, 2026
in Latest
26
A A
Rows of young green herbs growing in a hydroponic PVC pipe system.

Namibian investors are backing a N$2.2 billion hydroponics farming project aimed at reducing the country’s dependence on food imports and strengthening national food security.
The project, led by Deborah Walliser through Got Produce Global Brands and supported by Nicole Maske through Manta Ventures, is centred in Otavi, where construction of a one-hectare hydroponics greenhouse is underway.
Production at the facility is expected to begin around March 2026.

Maske said the broader project requires an estimated capital investment of US$120 million (about N$2.2 billion), with fundraising being led by Manta Ventures.

She said most of the initial funding for land acquisition and the first production facility had already been secured, with local investors contributing the majority of the capital.

“About 80% of the initial funding has come from Namibians who want to see the country become food secure in a sustainable way,” she said.

Maske said local participation had been critical in reducing reliance on external capital and ensuring that value created by the project remains within the domestic economy.

The facility will produce crops including lettuce, tomatoes, cucumbers, chillies and strawberries.

Maske said the broader initiative aims to significantly increase Namibia’s agricultural output through controlled-environment farming.

“Our objective is to ultimately double Namibia’s food production and halve imports through a scalable and water-efficient production model,” she said.

She said the hydroponics model forms a key part of the project’s strategy, particularly given Namibia’s water constraints.

“Our technology allows us to produce using 98% less water and 95% less fertiliser compared to traditional farming methods. This is critical in a dry country like Namibia,” Maske said.

The project will be rolled out in phases, with long-term plans to expand to at least 56 hectares under greenhouse production and target annual output of around 30,000 tonnes of fresh produce.

“We will scale phase by phase, depending on funding availability and market demand, with the goal of building a large, commercially viable and responsive food production system,” she said.

Maske said the project traces its roots to Got Produce’s global operations in the early 2000s, with Namibia becoming a key innovation base after the establishment of a development facility in Swakopmund in 2019 before expansion to Otavi.

author avatar
reporter
See Full Bio
Previous Post

Thyssenkrupp Uhde targets Namibia green industrial and marine projects in 2026

Next Post

Why every company needs a strategic narrative — Not just a marketing plan

Must Read

Four professionals stand in a conference room, each holding a green training booklet during a formal event. Flags and curtains visible in the background.
Latest

Export readiness, trade finance constraints hinder Namibia’s AfCFTA participation

November 9, 2026
Local NSX trade value drops to N$129 million despite market gains
Latest

Tharisa secures secondary listing on Namibia Securities Exchange

November 9, 2026
President demands action on high bank fees and financial exclusion
Latest

New housing projects must be matched by expanded water and sewerage infrastructure

November 9, 2026
African woman wearing a blue headwrap and striped scarf speaks at a podium with microphones, flags in the background.
Latest

Nandi-Ndaitwah questions hiring of foreigners for jobs Namibians can do

November 8, 2026
Male graduate in cap and gown delivering a speech at a podium on a red stage curtain backdrop; a video camera records nearby
Latest

Vocational graduates challenged to become job creators, not job seekers

November 6, 2026
Woman in a dark blazer delivers a speech at a clear podium during a conference, with a dotted map of Africa in the background and a small flag pin on her chest.
Latest

Govt warns anti-competitive practices could limit benefits of major investments

November 6, 2026
Load More

Related News

Namibia’s public debt expected to surpass N$168 billion by FY2025/26

Namibia’s public debt expected to surpass N$168 billion by FY2025/26

May 15, 2025
Our mental health ebbs and flows like the oceans

Our mental health ebbs and flows like the oceans

September 20, 2024
Professional man with glasses in a dark blazer and white shirt, smiling at the camera in a bright indoor setting.

Labour  Minister warns oil industry against permanent reliance on foreign skills

August 20, 2026

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.