Benguela Current

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Namibia

Namibia secures N$41 million financing for first-ever Salmon Farming Project

https://youtu.be/FDS_DCUWcvw   By: Hertha Ekandjo The African Aquaculture Company (AAC) has secured €2 million (approximately N$41 million) in equity financing to launch the first phase of its pioneering salmon farming project off the coast of Lüderitz in the //Kharas Region. This marks the beginning of a major international partnership between Namibian and Norwegian investors, aiming to establish Namibia as a future leader in sustainable aquaculture. The financing package which is […]

today12 May, 2025

Environment

European Union and Germany launch Benguela Current project

    In a groundbreaking collaboration, the European Union, the German Federal Ministry for Economic Cooperation and Development, BCC, and GIZ have unveiled the Blue Benguela Current Action project, designed to protect the Benguela Current, one of the most productive marine ecosystems in the world. The initiative, which comes with N$230 million (€12 million) in EU funding, will support sustainable fisheries, marine conservation, and climate resilience across Namibia, Angola, and […]

today13 March, 2025