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Namibia: Germany supports Urban Development Fund with additional N$190m – Africa Links 24

Namibia: Germany supports Urban Development Fund with additional N0m – Africa Links 24

Africa Links 24 with Arne Schutte
Published on 2024-10-25 13:45:52

Namibia and Germany signed an agreement on financial cooperation for a loan of €10 million (approximately N$190 million) on Friday.

This follows negotiations on developmental cooperation between the government’s of both countries in 2023.

The agreement was signed by minister of finance and public enterprise Iipumbu Shiimi and German ambassador Thorsten Hutter in Windhoek, according to an embassy press release.

The funds are to support the establishment of Namibia’s Urban…

Read the Full article on The Namibian

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