Germany has agreed to work with Namibia to fund the NamPost facility in support of SMEs, Water Sector support and renewable energy program.
Germany’s ambassador Herber Beck said this during the signing of the Financial Cooperation agreement on interest loans between Namibia and Germany on Friday in Windhoek.
Furthermore, Beck said looking at the areas they have agreed to fund, they are critical and can make a difference for the people of Namibia. This support that we are getting in specific areas will help the country’s economy recover,” said Shiimi.
The support in renewable energy is important as it will help in the future,” said Shiimi. Furthermore, he said that apart from the support the country is getting from Germany, Namibia also has strategic investments supporting these critical areas.