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You are here: Home / cat / Namibia Eyes $250 Million Funding for Green Hydrogen Projects

Namibia Eyes $250 Million Funding for Green Hydrogen Projects

Dated: August 29, 2025

The Green Hydrogen Programme (NGH2P) in Namibia has been invited by the Climate Investment Funds (CIF) to develop a Sectoral Transformation Investment Plan (STIP), which could unlock access to up to $250 million in catalytic funding. This initiative, announced by the Namibian Government in collaboration with investment firm Ninety One, aims to support large-scale commercial projects that advance the country’s decarbonisation and green industrialisation goals. Additional matching contributions are expected from global development banks and financial institutions.

The STIP aligns with Namibia’s Sixth National Development Plan (NDP6), which identifies green hydrogen as a strategic area for growth. The funding opportunity falls under CIF’s Industry Decarbonisation Programme, which targets hard-to-abate sectors including iron and steel, cement, petrochemicals, non-ferrous metals, textiles, pulp and paper, shipping, and clean technology supply chains. Projects are open to private and public–private developers at all stages, from early concepts to mature industrial ventures, provided they demonstrate high decarbonisation potential.

Namibia’s green hydrogen ambitions are already anchored by the flagship Hyphen project, a $10 billion, fully vertically-integrated green hydrogen and ammonia development located in the Tsau ǁ Khaeb (Sperrgebiet) National Park. The project is the largest of its kind in Sub-Saharan Africa and forms a key component of the country’s Southern Corridor Development Initiative (SCDI). Its phased development is expected to produce up to two million tonnes of green ammonia annually by the end of the decade, supported by approximately 7GW of renewable energy generation and 3GW of electrolyser capacity, potentially avoiding five to six million tonnes of CO₂ emissions each year.

The Namibian Government holds a 24% equity stake in the Hyphen project through the blended finance vehicle SDG Namibia One, which is structured with support from partners including Climate Fund Managers, Invest International, and the European Investment Bank. The project is expected to generate over 15,000 construction jobs and 3,000 permanent operational positions, with 90% of employment opportunities targeted for local Namibians.

The call for submissions for the STIP is open until 30 November 2025 at 23:59, providing an opportunity for developers to contribute to Namibia’s growing green hydrogen sector and the country’s broader sustainable energy transition.

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