The ambition of this Global Gateway Team Europe-Namibia Partnership on Sustainable Raw Materials and Renewable Hydrogen is to create or strengthen Green Hydrogen (GH2) and Sustainable Critical Raw Materials value chains in Namibia as part of the EU-Namibia strategic partnership.
The initiative will be reinforced by investments in a strategic regional transport corridor, linking Maputo-Gaborone-Walvis Bay. In addition, the ports of Rotterdam and Antwerp have established additional Memorandums of Understandings with the Namibian Ports Authority to increase trade, by upgrading the ports of Walvis Bay and Lüderitz in Namibia.
With regard to green hydrogen, the EU and its Member States will contribute at least USD 120 million in grants. In parallel, the European Investment Bank (EIB) has signed a joint declaration for a framework loan of USD 547.9 million with the government towards renewable energy and hydrogen investments. The EIB also plan to partner with European companies and co-finance for an amount of USD 109.5 million, two big renewable energy/hydrogen projects in Namibia.
In 2023 a roadmap of concrete actions for the Strategic Partnership on Raw Materials Value Chains and Renewable Hydrogen will be established.