• Home
  • BUSINESS
  • #JustIn: Manage green hydrogen expectations - !Gawaxab

#JustIn: Manage green hydrogen expectations - !Gawaxab

“Namibia stands at a pivotal crossroads, balancing two major transitions: the shift toward a green economy and the anticipation of future revenue from its burgeoning oil, gas, and renewable energy sectors, including green hydrogen,” Bank of Namibia (BoN) governor Johannes !Gawaxab.


Speaking at the Global African Hydrogen Summit in Windhoek, !Gawaxab said: “This balancing act requires careful management of expectations over the next 5 to 10 years.”


He stressed that while the country makes this transition, a cautious and measured approach is crucial to ensure long-term prosperity.


!Gawaxab invited institutional investors and international stakeholders to join Namibia on its journey toward a green economy.


“Namibia’s journey toward a green economy is not just a policy decision; it is a call to action.


“Together, we can harness the power of innovation and investment to create a greener, more prosperous Namibia. The world is watching, and the time to act is now,” he said.

Advertisments

Currency: GBP to NAD 23.21 | EUR to NAD 19.61 | CNY to NAD 2.48 | USD to NAD 17.63 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3.17 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.51 | USD to AOA 926.34 | USD to BWP 13.26 | USD to EGP 48.4 | USD to KES 128.48 | USD to NGN 1645.13 | USD to ZAR 17.64 | USD to ZMW 26.3 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1786.9 Down -0.02% | Casablanca Stock Exchange (CSE) MASI 13998.92 Up +0.82% | Egyptian Exchange (EGX) 30 Index 30497.83 Up +0.04% | Botswana Stock Exchange (BSE) DCI 9625.57 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 582.67/OZ UP +0.14% | Copper US$ 4.18/lb DOWN -0.0028 | Zinc US$ 2 904.80/T DOWN -0.4% | Brent Crude Oil US$ 72.41/BBP UP +0.55% | Platinum US$ 991.16/OZ DOWN -0.0037 |