DBSA backs major Green Hydrogen project in Namibia

DBSA backs major Green Hydrogen project in Namibia

DBSA backs major Green Hydrogen project in Namibia

Niël Terblanché The Development Bank of Southern Africa (DBSA) has announced its support for Namibia’s groundbreaking green hydrogen project. The DBSA’s funding will aid in the progression of Hyphen Hydrogen Energy’s ambitious project, which is poised to transform the country’s energy landscape. With a substantial funding facility, the bank is set to partially finance various crucial aspects of the project, including engineering work, environmental assessments, and socioeconomic development strategies. This preparation will pave the way for a final investment decision on the project. Hyphen Hydrogen Energy’s project, estimated at a capital investment of N$200 billion, stands as a significant economic…
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