Namibia: Namibia in Numbers: Namibia: Real foreign aid received since independence – News

Namibia: Namibia in Numbers: Namibia: Real foreign aid received since independence – News

Africa Links 24 with Tannan Groenewald
Published on 2025-04-20 06:00:00

According to the Organisation for Economic Co-operation and Development (OECD), Namibia has received a total of US$7.8 billion (about N$147 billion) in real foreign aid since independence (inflation-adjusted, 2022 prices).

This aid refers specifically to financial flows from members of the Development Assistance Committee – primarily major donors within the OECD and European Union institutions. They are concessional in nature, with a grant element of at least 10 to 45%, depending on…

Read the Full article on The Namibian

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