oil holds promise for Lüderitz

Chamwe Kaira Green hydrogen and the discovery of oil are instilling hope in Lüderitz, as these industries promise significant development. The realisation of these ambitious projects hinges on substantial support from the central government, particularly in terms of crucial infrastructure and town expansion. Lüderitz is set to host a remarkable N$10 billion green hydrogen industry, while the revelation of over 11 billion barrels of offshore oil reserves in the Atlantic Ocean is expected to catalyse the town’s growth. Fluksman Samuehl, CEO of the Lüderitz Waterfront Development Company, emphasized the importance of coordinated efforts between investors and the government to ensure…