insert_link Business / Economics Trans Namib’s hydrogen-powered train expected by April 2025 TransNamib has temporarily suspended a project to convert two locomotives to run on hydrogen and diesel using locally produced green hydrogen. This follows the approval of a N$2.6 billion loan from the Development Bank of Namibia and the Development Bank of Southern Africa to help modernise its fleet. TransNamib and the Namibia Green Hydrogen Programme expect a hydrogen-powered locomotive operational by April next year, according to TransNamib spokesperson Abigail Raubenheimer. […] today16 September, 2024
insert_link Business / Economics Artificial Intelligence key to scaling clean hydrogen solutions, says NCRST boss The CEO of the National Commission on Research, Science, and Technology, Professor Anicia Peters, spoke at the Global African Green Hydrogen Summit about "Climate Technology: Innovations Increasing the Scalability and Uptake of Clean Hydrogen Solutions," with a focus on artificial intelligence. today5 September, 2024
insert_link Business / Economics EU commits N$495 million to Namibia’s hydrogen infrastructure The European Union has announced a contribution of 25 million euros, approximately N$495 million, to support infrastructure investments for Namibia's green hydrogen agenda. The announcement was made by European Commissioner for Energy, Kadri Simson, during the Global African Hydrogen Summit in Windhoek. Separately, speaking at the summit, Vice President Netumbo Nandi-Ndaitwah pointed to the country’s rich deposits of minerals essential for clean technologies, alongside its abundant wind and […] today5 September, 2024
insert_link Business / Economics Green Hydrogen Commissioner gives a progress update Namibia's green hydrogen plans have attracted interest from several countries, including European nations. At a press conference in Windhoek on Wednesday, Green Hydrogen Commissioner James Mnyupe gave an update on the progress of these projects. Mnyupe said that Namibia is currently developing about eight green hydrogen projects that are at various stages. Among these, the Daures project is nearing completion, with expectations to finalise by the end of […] today28 August, 2024
insert_link Business / Economics 22 July 2024 Morning Biz News: Green Hydrogen Boosts Jobs in Namibia; Rand Weakens, Oil Prices Rise in Global Markets Green Hydrogen Sector Sparks Job Creation in Namibia Green hydrogen pilot projects in Namibia's Central Valley are making significant strides, creating over 200 jobs and awarding nearly N$170 million in contracts to local small and medium-sized enterprises, according to The Brief. Eline van der Linden, Head of Impact and ESG for the Namibia Green Hydrogen Programme, emphasized that these developments are crucial for advancing the green hydrogen sector. Each job […] today22 July, 2024
insert_link Business / Economics Namcor urged to focus strategy on Green Hydrogen Namibia has been encouraged to consider a strategic shift for its National Petroleum Corporation of Namibia (NamCor) to establish itself as a leader in the burgeoning green hydrogen sector. Following a recent study tour to Belgium, a delegation of ten government officials recommended that the country’s oil company transition to include green hydrogen production. NamCor spokesperson Paulo Coelho expressed the company’s enthusiasm about remaining at the forefront of the emerging […] today15 July, 2024
insert_link South Africa Don’t leave workers behind in green transition: SAfrica president This afternoon, South Africa's President Cyril Ramaphosa reaffirmed the nation's commitment to transitioning towards renewable energy but insisted that communities and workers must not lose out. Africa's most industrialised economy is one of the world's largest greenhouse-gas emitters, relying on coal for 80 percent of electricity generation. The fossil fuel is a bedrock of the economy, employing more than 100,000 people. "We are in reality facing a climate […] today15 July, 2024
insert_link Business / Economics Oil discoveries make Namibia a top business travel destination Oil and gas discoveries in Namibia are transforming the country into a high-end business travel destination from a tourist locale for a South African airline. Bloomberg Africa reports that Total Energies SE and Shell Plc have found an estimated 11 billion barrels of oil reserves in Namibia, in what is touted as potentially the biggest-ever deep water find. Namibia has yet to produce crude or gas but has become an […] today4 July, 2024
insert_link Namibia Hyphen to create 18 thousand Green Hydrogen jobs in construction phase Hyphen Hydrogen Energy's Senior Economic Development Manager, Johannes Shipepe, has revealed that the Green Hydrogen project is expected to create 18,000 jobs during its construction and operation phases, with 30% of the expenditure being localised. According to the Namibia Press Agency, as part of the Feasibility and Implementation Agreement with the government, a Socio-Economic Development framework has been established to maximize benefits for Namibians. today20 June, 2024
