A N$2 billion loan towards economic development programs will see about 350 jobs created in Namibia through water and road rehabilitation projects.

This comes after Namibia and Germany signed financial cooperation agreements to support key infrastructure development.

The projects entail the construction of a second direct potable reclamation plant in the central area of Namibia and support for projects under the water sector support program at a cost of N$746 million and N$932 million, respectively.