Namibia's Agricultural Investment and Green Hydrogen Initiative
Key Ideas
- Namibia allocates N$561 million towards agri-infrastructure to enhance food security and reduce import dependency.
- President announces a Cattle Breed Improvement and Herd Restocking Scheme to benefit emerging, resettled, and communal farmers.
- The HyIron Oshivela Green Hydrogen Plant marks a milestone in Africa, producing green hydrogen and zero-emissions iron.
- The project will create over 6,000 construction jobs and 900 permanent roles, demonstrating sustainable progress and local value creation.
During the State of the Nation Address in Namibia, President Netumbo Nandi-Ndaitwah unveiled plans to allocate N$561 million towards agri-infrastructure initiatives in the 2025/2026 financial year. This investment aims to boost national food security and decrease reliance on food imports, with a target to reduce agriculture imports by 80%. Additionally, a Cattle Breed Improvement and Herd Restocking Scheme is set to assist various farmers in enhancing livestock productivity. The country's Green Schemes are also gaining momentum, with the HyIron Oshivela Green Hydrogen Plant being inaugurated as the first zero-emissions iron production facility in Africa. This project, a collaboration between the EU and Namibia, will utilize green hydrogen for iron ore processing and is expected to create thousands of jobs locally, promoting sustainability and progress. Namibia's commitment to clean energy and investments in green initiatives showcases its dedication to advancing towards a more sustainable future.