Namibia and European Union (EU) Successfully Organised their 1st ever Business Forum (BF)
Namibia and EU jointly organised their first ever edition of the EU/Namibia BF from 24-25 October 2023 in Brussels, Belgium. The BF focused on Green Hydrogen (GH2) and Critical Raw Materials (CRM), two key elements to ensuring a Green Transition. The key objective of the ENBF is to support Namibia’s investment promotion efforts for attracting European foreign direct investments (FDI) and joint ventures for expanding GH2 production capacity and the development of downstream products (synthetic fuels, green ammonia, green steel) as well as further developing a home-grown extractive sector, refining and recycling industry for raw materials in Namibia.
The ENBF was attended by more than 329 (224 on-site and 98 online) business community representatives from Namibia and EU countries, members of the Namibian Government, EU institutions and Member States representatives, financing institutions and academic partners who explored avenues to stimulate and foster joint ventures and unleash multiplier effects along the value chain for promoting businesses expansion, skills and capacity development and wealth creation.
A report on summary of the ENBF proceedings can be found here