EU Commission President Ursula von der Leyen and President of Namibia Hage Geingob have signed a Memorandum of Understanding establishing a strategic partnership between the EU and Namibia at the COP27 in Egypt.
The partnership aims to ensure the development of a secure and sustainable supply of raw materials, refined materials and renewable hydrogen to support the green and digital transformation of the partners’ economies.
The EC says it deepens the cooperation in areas with mutual benefits for both parties. The partnership will promote local value addition in Namibia by supporting the development of the mining and renewable hydrogen value chains.
It will support sustainable raw materials value chains and facilitate investment and funding opportunities to modernise the Namibian industries and drive economic and social development.
Ursula von der Leyen said: “I am so glad to sign this agreement between the EU and Namibia for the development of raw materials value chains and renewable hydrogen.
“This is not only a huge step forward for the EU’s climate ambitions but also an agreement beneficial to Namibia, a front-runner in the development of renewable hydrogen in Africa.
“It shows Europe’s commitment to work with partner countries on our shared commitments to a greener and more resilient future in line with the Global Gateway Strategy. I would like to thank President Geingob for his commitment and look forward to our cooperation.
“This partnership is a key step in strengthening relations between the EU and Namibia, based on mutual trust, deepened political dialogue and concrete cooperation projects.”
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