Concessional loan agreement signed between Finance and Public Enterprises ministry and KfW Development Bank

The Finance and Public Enterprises Ministry, alongside KfW Development Bank, have formalized an agreement for a concessional loan dedicated to funding the rehabilitation and expansion of the Gammams and Otjomuise Wastewater Treatment Plants. This project’s primary goal is to enhance the current wastewater treatment capabilities and bolster Windhoek’s potable water supply. Local economist Klaus Schade has provided insights on this significant development.