The Cabinet of the Government of the Republic of Namibia (GRN) has approved entry into an agreement with Hyphen Hydrogen Energy (Hyphen) to govern the development, implementation and operation of sub-Saharan Africa’s only fully vertically integrated, green hydrogen project.
The transformative impact of this project on Namibia and its economy is considerable. The total project capital investment of USD 10bn is roughly equivalent to the country’s annual GDP. At full-scale development, the project will produce 2 million tonnes of green ammonia annually.
The pioneering Feasibility and Implementation Agreement (FIA) governs the process under which Namibia’s first green hydrogen project will be realised, as a first step in the implementation of GRN’s broader green hydrogen strategy.