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Home Energy

Namibia calls on private investors for push toward renewables

Mark-Anthony Johnson by Mark-Anthony Johnson
December 1, 2021
in Africa, Climate, Energy, FA, Government, Investment, Namibia, Renewables
Reading Time: 1 min read
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Tom Alweendo, Namibia’s Minister of Mines and Energy, has a message for investors: With a 70 percent minimum target share of energy to be supplied from renewables, and 80 percent of primary energy use to be generated locally by 2030, the Minister, revealed that his nation’s goals cannot be achieved by the government alone.

The Minister was speaking at a Namibia Renewable Energy Business Summit hosted by the Namibia Pavilion and held at Business Connect Centre, at the Expo 2020 Dubai, last Saturday.

“We understand and accept that fossil fuels are no longer the future.”

“Given the size of the available renewable energy resources in the country [Namibia], it is our intention to explore the idea of seeking other potential investors to cooperate with us. As to the global market for green hydrogen, there is now a global consensus: that green hydrogen is the fuel for the future.”

Boasting the world’s second-highest solar irradiation, Namibia also has high wind power potential, especially in coastal areas, making it ideally placed to meet its goal of becoming a green hydrogen hub on the African continent.

https://furtherafrica.com/content-files/uploads/2021/12/Minister-Tom-Alweendo.mp4

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Tags: clean energyDubaiDubai Expo 2020EnergyEnergy Mixenergy securityenergy transitionFeaturegreen hydrogenMark-Anthony JohnsonNamibiaNamibia calls on private investors for push toward renewablesTom Alweendoнамибияناميبياナミビア纳米比亚
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Mark-Anthony Johnson

Mark-Anthony Johnson

MARK-ANTHONY JOHNSON is the founder and CEO of JIC Holdings, an innovative private holding company established in 2009 which he has built into an international asset and investment management company with offices, associates and investments around the globe. This followed the success of the JIC Group which he founded in 1985. He was educated in the UK at Mill Hill School and then achieved a BA (Hons) in Business and International Finance at University of Westminster. Mark-Anthony’s vision has long been towards emerging and frontier markets with particular emphasis on Africa, Latin America and the Caribbean and his philosophy can be summed up in the phrase “knowledge is power”. Mark-Anthony is also enthusiastic about the latest communication tools, which he uses intensively to keep in touch with up to the minute data. With a deep-rooted connection to the African continent, Mark-Anthony has been passionate about developments in Africa for over 30 years. He has worldwide interests in mining, infrastructure, power, electricity, shipping, commodities, agriculture and fisheries and is currently looking to develop farms across Africa. Mark-Anthony has a vision for a future Africa as the breadbasket of the world. For many years Mark-Anthony has been active on the ground in Africa through his charitable foundation, the Johnson Foundation. Created in 1989, it first provided assistance to people in his ancestral home country, Sierra Leone, even before the civil war. Once the war started, his aid was even more necessary and became focussed on Mark-Anthony’s major concerns for Africa -education, clean water and medical assistance. Over the years, the Foundation’s work has been extended into many parts of Sub-Saharan Africa and has been instrumental in setting up new clinics and rehabilitating villages, schools, places of worship, water facilities etc.

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