22
May
Niël Terblanché The Namibian Government, in partnership with NamWater and the German Development Bank (KfW), has entered into a N$1.5 billion concessional loan agreement aimed at upgrading the country’s ageing bulk water supply infrastructure. The agreement was signed in Windhoek by finance minister Ericah Shafudah, NamWater’s chief executive officer, Abraham Nehemia, and a KfW representative The German ambassador to Namibia, Thorsten Hutter, was also present at the ceremony. Shafudah described the loan as a crucial addition to national budget efforts to secure the country’s water supply. “This agreement will complement our budgetary resources in ensuring the rehabilitation and expansion of…
