Environmental projects require a more sustainable grant investment model - EIF


The Chief Executive Officer of the Environmental Investment Fund (EIF) says there is a need to unlock a grant investment model that can sustain environmental projects for communities beyond their funding cycle. 

Benedict Libanda said this during an information-sharing session at the Government Information Centre.

Libanda says at least 35% to 40% of the environmentally sustainable projects for communities funded by the EIF face sustainability challenges. 

Luderitz prepares for emerging industries


Luderitz Town Council is racing to upgrade the ageing electricity, water, sewerage, and transport infrastructure in preparation for the expected green hydrogen, oil, and gas industries. 

This is among the myriad of developments revealed during President Nangolo Mbumba's visit to the town.

The upgrading of the infrastructure is against the realisation that the ageing facilities are putting a strain on the services of the town, coupled with population growth.

Sasscal, UNAM Collaborate on green hydrogen implementation process


Stakeholders in the implementation process of Green Hydrogen, Sasscal and the University of Namibia shared with nbc-news the role they play in the implementation process of green hydrogen projects.

Sasscal plays a role in fund sourcing and continuous training, whereas UNAM plays a pivotal role in the research of green hydrogen projects.

180 students benefit from green hydrogen scholarship programme


Green hydrogen has made a significant impact in Namibia, and the results of investments made towards this ambitious project can already be seen.

These were the sentiments expressed by the Deputy Minister of Higher Education, Technology, and Innovation, Natalia |Goagoses, at the Green Hydrogen Symposium.

Since 2022, over 180 students have benefited from the Namibia Youth for Green Hydrogen Scholarship Programme.

The programme, which is fully funded, is a collaborative effort between the German and Namibian governments. 

MIT and MWT caution public against fraudulent bid invitation


The Ministry of Industrialization and Trade (MIT) and the Ministry of Works and Transport (MWT) have cautioned the public and potential investors against a fraudulent bid invitation circulating on social media platforms.

In a joint statement recently, the ministries said the fraudulent bid invitation purportedly invites potential investors and international bidders to apply for extensive developmental projects, such as the construction of thousands of houses as well as shopping malls in Oranjemund and Lüderitz, respectively.

Namibia affirms commitment to diplomatic relations and legacy of late President Geingob


President Nangolo Mbumba has reassured the diplomatic community of Namibia's commitment to strengthening bilateral relations and partnerships, continuing the legacy of the late President Hage Geingob. 

He highlighted Geingob's internationalist approach, which guided Namibia's foreign policy of being a friend to all and an enemy to none.

President Mbumba addressed the diplomatic corps during the New Year's greeting ceremony, held annually at State House.

Namibia anticipates increased oil reserves to tackle socio-economic challenges


Namibia expects firmer estimates of recoverable reserves to be announced this financial year and aid in addressing socio-economic challenges such as unemployment.

President Nangolo Mbumba, who delivered the State of the Nation Address this afternoon, says this follows oil exploration activities by international companies in 2023.

President Mbumba to continue the fight against corruption


President Nangolo Mbumba has assured the citizens that the government will continue to strengthen policy measures aimed at fighting corruption.

President Mbumba says this is in line with the government's clear resolve to promote accountability and transparency.

He opened the first decision-making Cabinet meeting for the year and shared that citizens have expressed concerns regarding corruption in the budding energy sector.

Late Dr. Geingob credited for efforts to restore investor confidence


The Forum for German-speaking Namibians says the late President Hage Geingob must be credited for his efforts to restore investor confidence.

The Forum, in a message of condolences, says President Geingob was personally responsible for international multinational companies in the green hydrogen and oil and gas sectors in Namibia.

It also says the late President preferred to be President for all and requested all Namibians to take up their rightful places in the Namibian House.