Sustainable Development

Financial Sector Unites for Sustainable Finance

The Namibia Sustainable Finance Alliance was launched by the Bank of Namibia and key financial stakeholders to strengthen sustainability, climate resilience, and knowledge exchange within the financial system, says Naufiku Hamunime, Acting Deputy Director: Corporate Communications and Sustainability.

2 October, 2025

Africa

African financial institutions pledge $100 billion for green projects

Africa Climate Summit in Addis Ababa, Ethiopia (Photo: nairametrics.com) African financial institutions have unveiled a plan that will mobilise over $100 billion to fund green projects to jumpstart economic growth. Key players, including the African Development Bank, Afreximbank, and Ecobank, committed to mobilising sustainable finance and aligning regulations at the Africa Climate Summit in Addis Ababa. Bloomberg reported that the funding will support renewable energy expansion, strengthen regional value chains, […]

10 September, 2025

Namibia

Global African Hydrogen Summit 2025 underway in Windhoek

Global Hydrogen Summit 2025 (Photo: NIPDB on X) The Global African Hydrogen Summit opened in Windhoek on Tuesday, bringing together heads of state, ministers, investors, and industry leaders. The three-day event, which runs until 11 September, is held under the theme “Ambition in Action: Fuelling Africa’s Green Industrial Revolution.” The meeting comes as Namibia positions itself as a global giant in renewable energy development, with several large-scale hydrogen projects underway. […]

9 September, 2025

Business / Economics

Parliament Probes Uranium One Project.

Parliament’s Natural Resources Committee wants scientific evidence before deciding on the Uranium One project at Leonardville. Chairperson Tobie Aupindi said farming and mining should work together to support livelihoods. The committee also questioned why the project’s water permit was revoked four years ago and never reissued. Uranium One spokesperson Riaan van Rooyen now responds.

5 September, 2025

Business / Economics

Government to hold regional outreach on upstream local content policy

Starting 1 September , the Petroleum Upstream Unit will engage stakeholders on the draft National Upstream Local Content Policy. Carlo McLeod, Presidential Special Advisor, says the program aims to guarantee that local citizens benefit from the oil and gas sector.

28 August, 2025

Namibia

Namibia launches environmental & social study for green hydrogen

The government has initiated a Strategic Environmental and Social Assessment (SESA) covering proposed green hydrogen developments in the southern valley of Tsau //Khaeb National Park, located in the //Kharas region. The assessment intends to evaluate potential social, environmental, and economic risks and opportunities tied to the planned projects. Reporting from Windhoek, Hertha Ekandjo explains the process ahead. The SESA is part of national efforts to align green hydrogen development with sustainability […]

5 August, 2025

Environment

Environmental Investment Fund Accredited to Lead Climate Action.

The Environmental Investment Fund has received accreditation from the Adaptation Fund as a National Implementing Entity, granting it direct access to N$370 million in climate financing. Chief Executive Officer Benedict Libanda described the recognition as a significant step toward strengthening the nation’s climate resilience. Spokesperson Romeo Muyunda affirmed the institution’s preparedness to begin implementing key projects, including climate-smart agricultural initiatives.

24 July, 2025

Business / Economics

Erastus Calls for Strategic Roadmap Before Sector Nationalisation.

Economist Gabriel Erastus has urged the government to prioritise skills development, scientific literacy, and market analysis before considering the nationalisation of key sectors. Speaking to our news team, Erastus underpinned the importance of a well-crafted strategy supported by research, identified sources, and thorough commodity assessments. He cited the following in addition:

23 June, 2025

Business / Economics

Interview: Erastus Cautions Against Rushed Nationalisation, Urges Strategic Preparation

Economist Gabriel Erastus has urged lawmakers to proceed with caution on proposals to nationalise Namibia’s strategic sectors, warning that such decisions must be guided by strategy, skills, and solid research. Speaking in response to a recent proposal by National Assembly member Mr. Kaaronda on the nationalisation of key sectors and resources, Erastus acknowledged that the call “comes from a good place” — especially in light of limited national benefits […]

23 June, 2025