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Labrish
Nyuuz
Namibia and Angola Team Up for Hydro-Power
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[QUOTE="Munyaradzi Mafaro, post: 33658, member: 636"] The government plans to build the Baynes Hydro-Power Project with Angola, Deputy Prime Minister Natangwe Ithete announced yesterday. Both nations want all Namibians to have reliable access to energy through renewable projects across the country. Ithete said completing this project will strengthen energy security nationwide. The Cabinet approved an implementation agreement signed by both governments last November. He spoke during the opening of an annual strategic planning retreat at Swakopmund. Ithete, who heads the industries, mines, and energy ministry, emphasized developing oil, gas, and green industries for national growth. The country stands at a turning point after recent oil discoveries. These new sectors will help local businesses and citizens thrive. The ministry invested N$308.5 million in rural electrification programs targeting schools, public buildings, and homes. These projects create jobs and better living conditions during construction and operation. Workers connected 1,956 households through an N$75.5 million investment during the 2024/25 financial year. Between 2020 and 2025, the energy ministry spent N$56.6 million linking 1,503 households to off-grid and national power systems. The mining ministry increased local ownership to 17 percent. All twelve mining licenses issued recently included requirements for local participation. The government collected N$5.96 billion in royalties from mining inspections and audits. [/QUOTE]
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Labrish
Nyuuz
Namibia and Angola Team Up for Hydro-Power
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