insert_link Business / Economics Germany pledges N$500 million grant for road development Germany's KfW Development Bank (Photo: KfW website) Germany’s KfW Development Bank has committed a N$500 million grant to support Namibia’s road infrastructure projects. The announcement was made during the groundbreaking ceremony for the Omuthiya–Elambo road, where KfW Director Beatrice Lucke said the funding comes from the German Federal Ministry for Economic Cooperation and Development. She emphasised that the investment reflects Germany’s continued partnership with Namibia in fostering economic growth and […] today12 August, 2025
insert_link Namibia New UNAM Facilities Inaugurated in Katima Mulilo In Katima Mulilo, the University of Namibia officially inaugurated new facilities at its campus to host the Department of Wildlife Management and Tourism Studies. The inauguration, attended by President Dr. Nangolo Mbumba, marks a significant milestone in the Namibian-German cooperation, with Germany’s KfW Development Bank providing financial support for this educational expansion. today7 November, 2024
insert_link Local Inauguration of New UNAM Facilities in Katima Mulilo for Wildlife Management and Tourism Studies In the bilateral cooperation between the Governments of the Republic of Namibia and the Federal Republic of Germany, it was agreed, among others, to support the environment and tourism sector. Germany, through KfW Development Bank, provided financial support to extend the UNAM Katima Mulilo Campus. The cooperation included the development of related academic and research programs and the construction of the Department of Wildlife Management and Tourism Studies. On 5th […] today6 November, 2024
insert_link Environment JOINT PRESS RELEASE: Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit Handover of vehicles and IT equipment for the Wildlife Protection Service (WPS) unit The Integrated Wildlife Protection Project (IWPP), co-financed by the German Ministry for Economic Cooperation and Development (BMZ) through KfW Development Bank has handed over 22 vehicles (21 4x4 patrol vehicles and one sedan Corolla service vehicle) and IT equipment worth NAD 19.8 million (approx. EUR 1 million) to the Ministry of Environment Forestry and Tourism (MEFT). […] today16 October, 2024
insert_link Local Germany supports Namibia with a EUR 3 million grant toestablish a Sustainable Financing Mechanism for Namibia’sstate-protected areas On 13 September 2024, the National Planning Commission (NPC) of Namibia together with the Ministry of Environment, Forestry and Tourism (MEFT) and KfW Development Bank (KfW), on behalf of German Development Cooperation, signed a grant agreement to the value of EUR 3 million (equivalent to approx. NAD 60 million) to establish a Sustainable Financing Mechanism to support Namibia’s state-protected areas (national parks). The financial contribution complements the MEFT’s […] today17 September, 2024
insert_link Local ATIDI underwrites Globeleq’s USD 117 million geothermal power project in Kenya Nairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq's 35 MW Menengai Geothermal power project in Kenya. This support will be extended via the Regional Liquidity Support Facility (RLSF) - a joint effort by ATIDI, KfW Development Bank, and the Norwegian Agency for Development Cooperation (Norad). It helps renewable energy Independent Power Producers (IPPs). The project, the first to […] today1 July, 2024
insert_link Environment Government to invests millions in National Park upgrades The Ministry of Environment, Forestry, and Tourism Namibia plans to allocate N$ 40.7 million for upgrades in the Etosha National Park, including renovating entrance gates and sanitation facilities by July 2025. Additionally, N$7.2 million will be invested in upgrading facilities and infrastructure in the Hardap National Park. The improvements, according to Ministry spokesperson Romeo Muyunda, are funded through the NamParks V project, a collaborative effort between the government and Germany's […] today10 April, 2024
