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The European Union-Namibia Business Forum, which is to be held from 24 – 25 October in Brussels, Belgium, is geared to promote growth in Namibia’s green economy and attract European foreign direct investment (FDI). Gosia Lachut, the Chargé d’Affaires of the European Union (EU) Delegation to Namibia, said the key objective of the Green Hydrogen and Critical Raw Materials (CRM). Business Forum is to support Namibia’s investment promotion efforts to attract European FDI.
Under the theme “Mobilizing Quality Investment and Value Addition for Green Growth in the EU-Namibia Partnership”, this two-day event is a collaborative effort between the Namibia Investment Promotion and Development Board (NIPDB) and the EU. The Chairperson and CEO of NIPDB, Nangula Uaandja, said the main goal is to foster dialogue and cooperation between the Namibian government, businesses, organisations and their EU counterparts.
Namibia’s President Hage Geingob, and prominent figures from the public and private sectors will grace the opening event. Uaandja said top on the agenda will be discussions on inclusive green growth, CRMs, and green hydrogen (GH2), which are pivotal to the evolving partnership between Namibia and the EU. Establishing connections and partnerships would enable Namibia to harness its resources sustainably and contribute to global decarbonisation. Namibia has the potential to produce green hydrogen for domestic use and potentially for export to the European Union and beyond. Therefore, this forum is primarily anchored in the shared vision of creating linkages and partnerships.
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The EU-Namibia Business Forum would be a pivotal moment in the evolving partnership between Namibia and the EU, directing their efforts towards sustainable and mutually beneficial growth. The discussions will cover wide-ranging topics, including green growth, critical raw materials, green hydrogen, clean hydrogen derivatives, strategies to mitigate financial risks in the green hydrogen sector, CRM policies, technological advancements, and business expansion opportunities.
