Wednesday, 20 April 2016

German investment in Namibia Breweries

100 million euros for the Namibian infrastructure and a 150 Megawatt power plant for Namibia are just two aims mentioned by the 16 member strong business delegation from Germany visiting Namibia from the 13th to 15th April. The delegation was led by the German-African Business Association (Afrika-Verein der deutschen Wirtschaft) to explore business opportunities in the country. The participating business leaders were mainly interested in sectors such as mining, energy and infrastructure but also in healthcare, automation, financing and security. The German company Gauff GmbH wants to invest 100 million Euro in the Namibian infrastructure and the G.F.H. Import- and Export GmbH is ready to bring a second-hand 150 megawatt power plant to Namibia. A German-Namibian Business Seminar was held on Thursday where Roundtable Sector Sessions as well as B2B- meetings took place. The Business Seminars were also addressed by the Deputy Minister of Industrialisation, Trade and SME Development Hon. Pieter van der Walt who briefed the delegation on Namibia's conducive business environment and the Deputy Minister of Works and Transport, Hon. James Sankwasa who provided highlights on some of Namibia's infrastructure projects being supported by the German Government. The current status of energy projects and upcoming opportunities, especially in the renewable sector was introduced to the delegation by the Minister of Mines and Energy, Hon. Obed Kandjoze.