Justicia Shipena
The Environmental Investment Fund of Namibia’s (EIF) proposal to establish a Green Industrial Zone is close to securing final approval.
The project is being considered for €25 million (approximately N$625 million) in funding under the Mitigation Action Facility (MAF).
The proposal, submitted in July 2025, has advanced to the final stage after being shortlisted among the top 20 from more than 500 global submissions.
EIF spokesperson Romeo Muyunda said the proposal underwent a virtual assessment in August, with a final board decision expected in October.
If approved, the funding will drive low-carbon industrialisation, create green jobs, and strengthen Namibia’s shift to a sustainable economy.
Muyunda said EIF has already secured land for the development at Farm 58 in the Erongo region.
The proposed Green Industrial Zone will host renewable energy projects, sustainable manufacturing, clean technology industries, and natural resource value chain development, among other activities aimed at reducing the impact of climate change.
“The project aligns with the country’s sixth National Development Plan (NDP6) and contributes to the country’s Nationally Determined Contributions under the Paris Agreement,” said Muyunda.
EIF chief executive officer, Benedict Libanda, said the project shows the country’s readiness to drive model industrialisation.
“This is not just a project; it is a bold step for Namibia. It demonstrates our readiness to pioneer a new model of industrialisation, one that places sustainability, innovation, and people at the centre.”
The project is being advanced in partnership with the Namibia Green Hydrogen Programme (NGH2P) and the United Nations Industrial Development Organisation (UNIDO).
Muyunda said if approved, the N$625 million investment will position Namibia as a regional hub for green industrial transformation.
Muyunda added the project shows Namibia’s commitment to climate-smart development.
“This is a significant step that will not only benefit Namibia but also set an example for Africa and beyond,” he said.
