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#JustIn: Manage green hydrogen expectations - !Gawaxab

“Namibia stands at a pivotal crossroads, balancing two major transitions: the shift toward a green economy and the anticipation of future revenue from its burgeoning oil, gas, and renewable energy sectors, including green hydrogen,” Bank of Namibia (BoN) governor Johannes !Gawaxab.


Speaking at the Global African Hydrogen Summit in Windhoek, !Gawaxab said: “This balancing act requires careful management of expectations over the next 5 to 10 years.”


He stressed that while the country makes this transition, a cautious and measured approach is crucial to ensure long-term prosperity.


!Gawaxab invited institutional investors and international stakeholders to join Namibia on its journey toward a green economy.


“Namibia’s journey toward a green economy is not just a policy decision; it is a call to action.


“Together, we can harness the power of innovation and investment to create a greener, more prosperous Namibia. The world is watching, and the time to act is now,” he said.

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