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Image header Agence Europe
Europe Daily Bulletin No. 13713
EXTERNAL ACTION / Namibia

EU pledges €1.3 billion for large-scale renewable hydrogen production

On Friday 19 September, the European Union announced a €1.3 billion package of loans and grants for Namibia, at the end of a four-day mission to the country by the European Commissioner for International Partnerships, Jozef Síkela, accompanied by a delegation of nine MEPs.

The funds will be used to attract more than €20 billion in potential private investment and to support Namibia’s first large-scale solar-powered renewable hydrogen plant.

This project is the beginning of...

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Russian invasion of Ukraine
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS
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INSTITUTIONAL
COUNCIL OF EUROPE
NEWS BRIEFS