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Namibia: Hyphen’s N$180-billion hydrogen deal sparks fears of state debt spiral – News

Namibia: Hyphen’s N0-billion hydrogen deal sparks fears of state debt spiral – News

Africa Links 24 with Andrew Kathindi
Published on 2025-08-06 17:00:00

The government’s 24% stake in Hyphen Hydrogen Energy’s N$180-billion hydrogen project has raised concerns over financial risk, transparency, and long-term economic impact.

Hyphen recently awarded China National Chemical Engineering & Construction Corporation Seven (CC7) a contract to construct it flagship green ammonia plant in Namibia.

Concerns have, however, been raised since the project has not passed several research tests.

The Namibian understands that Hyphen has not yet…

Read the Full article on The Namibian

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