Germany and Namibia have signed an agreement to begin work on two major energy transition and industrialisation projects worth N$103 million ($8.95 million), following bilateral negotiations in 2025.
The agreement was signed by German ambassador Thomas Wimmer and National Planning Commission Director General Kaire Mbuende last week.
“The projects will support Namibia’s efforts to expand access to modern and sustainable energy services and to develop responsible and sustainable value chains for critical raw materials, contributing to the country’s energy transition and green industrialisation objectives,” a joint media release says.
The critical minerals project will focus on developing sustainable critical raw materials value chains. This includes increasing local value addition, improving transparency, and expanding economic opportunities driven by growing global demand for critical minerals.
The projects add to Germany’s existing support for Namibia’s resources sector, which has included investment in electricity transmission lines and the expansion and rehabilitation of the Ruacana hydropower plant.
Germany currently has over 50 development cooperation projects in Namibia, implemented through KfW Development Bank, GIZ, and the Federal Institute for Geosciences and Natural Resources (BGR).
Write to Amy Rotman at Mining.com.au
Main image: The Namibian
