Omuthiya–Elambo road

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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