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TOGETHER: The Development Bank of Namibia will assist the Green Hydrogen Commission in advancing Namibia's green hydrogen agenda. PHOTO: FILE
TOGETHER: The Development Bank of Namibia will assist the Green Hydrogen Commission in advancing Namibia's green hydrogen agenda. PHOTO: FILE

DBN, Green Hydrogen Council to advance green hydrogen ambitions

DBN pledges to help government
The MoU outlines key areas of cooperation between DBN and GHC over the next five years.
STAFF REPORTER
The Development Bank of Namibia (DBN) and the Green Hydrogen Council (GHC) of Namibia signed a Memorandum of Understanding (MoU) on 9 July to formalise a collaborative framework aimed at advancing Namibia’s green industrialisation efforts. This strategic partnership aligns with Namibia’s national focus on leveraging its world-class solar and wind resources to produce green hydrogen and green ammonia, driving sustainable economic growth and social development.

The MoU outlines key areas of cooperation between DBN and GHC over the next five years, including capacity building, collaborating on the necessary capacity building to support green industrialisation in Namibia, green funding: jointly raising green funding, with a particular focus on securing grant funding for Namibian projects, and developing and implementing a comprehensive agenda for Namibia’s green industrialisation among others.



Bold step

Commenting on the MoU, DBN CEO John Steytler said: "This partnership signifies a bold step towards a sustainable and prosperous future for our country. By harnessing Namibia's potential in green hydrogen energy and related solutions, we can drive Namibia's green industrialisation agenda and create a legacy of innovation and sustainability for current and future generations."

Chairperson of the GHC, Obeth Kandjoze, will allow Namibia to pursue its green hydrogen ambitions.

"This MoU represents a shared commitment to harnessing Namibia's vast renewable energy potential. We are charting a course towards a greener, more prosperous future, ensuring that Namibia remains at the forefront of sustainable development in our quest to attain Vision 2030 and beyond."

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Allgemeine Zeitung 2025-02-14

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Six Nations: Scotland 18 vs 32 Ireland | England 26 vs 25 France | Italy 22 vs 15 Wales Premier League: Everton 2 vs 2 Liverpool Katima Mulilo: 18° | 28° Rundu: 18° | 28° Eenhana: 18° | 27° Oshakati: 19° | 27° Ruacana: 18° | 27° Tsumeb: 18° | 25° Otjiwarongo: 18° | 24° Omaruru: 19° | 29° Windhoek: 19° | 28° Gobabis: 19° | 22° Henties Bay: 18° | 22° Wind speed: 21km/h, Wind direction: W, Low tide: 10:40, High tide: 04:44, Low Tide: 22:43, High tide: 16:54 Swakopmund: 17° | 18° Wind speed: 17km/h, Wind direction: NW, Low tide: 10:38, High tide: 04:42, Low Tide: 22:41, High tide: 16:52 Walvis Bay: 18° | 21° Wind speed: 18km/h, Wind direction: NW, Low tide: 10:38, High tide: 04:41, Low Tide: 22:41, High tide: 16:51 Rehoboth: 21° | 30° Mariental: 24° | 35° Keetmanshoop: 26° | 37° Aranos: 21° | 33° Lüderitz: 15° | 27° Ariamsvlei: 24° | 39° Oranjemund: 15° | 23° Luanda: 26° | 29° Gaborone: 20° | 31° Lubumbashi: 17° | 21° Mbabane: 17° | 24° Maseru: 18° | 31° Antananarivo: 18° | 22° Lilongwe: 19° | 29° Maputo: 22° | 31° Windhoek: 19° | 28° Cape Town: 19° | 24° Durban: 21° | 24° Johannesburg: 18° | 30° Dar es Salaam: 26° | 32° Lusaka: 17° | 19° Harare: 17° | 23° Currency: GBP to NAD 23.07 | EUR to NAD 19.26 | CNY to NAD 2.53 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.64 | ZWL to NAD 0.04 | BRL to NAD 3.2 | RUB to NAD 0.2 | INR to NAD 0.21 | USD to DZD 134.95 | USD to AOA 912 | USD to BWP 13.83 | USD to EGP 50.59 | USD to KES 129.22 | USD to NGN 1509 | USD to ZAR 18.36 | USD to ZMW 28.15 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 88717.13 Up +1.00% | Namibian Stock Exchange (NSX) Overall Index 1797.63 Up +0.36% | Casablanca Stock Exchange (CSE) MASI 16452.23 Up +0.33% | Egyptian Exchange (EGX) 30 Index 29997.11 Up +1.13% | Botswana Stock Exchange (BSE) DCI 10063.87 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 883.70/OZ DOWN -0.0162 | Copper US$ 4.64/lb DOWN -0.024 | Zinc US$ 2 852.10/T DOWN -0.03% | Brent Crude Oil US$ 74.96/BBP DOWN -0.0093 | Platinum US$ 1 007.23/OZ DOWN -0.0305 Sport results: Six Nations: Scotland 18 vs 32 Ireland | England 26 vs 25 France | Italy 22 vs 15 Wales Premier League: Everton 2 vs 2 Liverpool Weather: Katima Mulilo: 18° | 28° Rundu: 18° | 28° Eenhana: 18° | 27° Oshakati: 19° | 27° Ruacana: 18° | 27° Tsumeb: 18° | 25° Otjiwarongo: 18° | 24° Omaruru: 19° | 29° Windhoek: 19° | 28° Gobabis: 19° | 22° Henties Bay: 18° | 22° Wind speed: 21km/h, Wind direction: W, Low tide: 10:40, High tide: 04:44, Low Tide: 22:43, High tide: 16:54 Swakopmund: 17° | 18° Wind speed: 17km/h, Wind direction: NW, Low tide: 10:38, High tide: 04:42, Low Tide: 22:41, High tide: 16:52 Walvis Bay: 18° | 21° Wind speed: 18km/h, Wind direction: NW, Low tide: 10:38, High tide: 04:41, Low Tide: 22:41, High tide: 16:51 Rehoboth: 21° | 30° Mariental: 24° | 35° Keetmanshoop: 26° | 37° Aranos: 21° | 33° Lüderitz: 15° | 27° Ariamsvlei: 24° | 39° Oranjemund: 15° | 23° Luanda: 26° | 29° Gaborone: 20° | 31° Lubumbashi: 17° | 21° Mbabane: 17° | 24° Maseru: 18° | 31° Antananarivo: 18° | 22° Lilongwe: 19° | 29° Maputo: 22° | 31° Windhoek: 19° | 28° Cape Town: 19° | 24° Durban: 21° | 24° Johannesburg: 18° | 30° Dar es Salaam: 26° | 32° Lusaka: 17° | 19° Harare: 17° | 23° Economic Indicators: Currency: GBP to NAD 23.07 | EUR to NAD 19.26 | CNY to NAD 2.53 | USD to NAD 18.35 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.64 | ZWL to NAD 0.04 | BRL to NAD 3.2 | RUB to NAD 0.2 | INR to NAD 0.21 | USD to DZD 134.95 | USD to AOA 912 | USD to BWP 13.83 | USD to EGP 50.59 | USD to KES 129.22 | USD to NGN 1509 | USD to ZAR 18.36 | USD to ZMW 28.15 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 88717.13 Up +1.00% | Namibian Stock Exchange (NSX) Overall Index 1797.63 Up +0.36% | Casablanca Stock Exchange (CSE) MASI 16452.23 Up +0.33% | Egyptian Exchange (EGX) 30 Index 29997.11 Up +1.13% | Botswana Stock Exchange (BSE) DCI 10063.87 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 883.70/OZ DOWN -0.0162 | Copper US$ 4.64/lb DOWN -0.024 | Zinc US$ 2 852.10/T DOWN -0.03% | Brent Crude Oil US$ 74.96/BBP DOWN -0.0093 | Platinum US$ 1 007.23/OZ DOWN -0.0305