{"id":64368,"date":"2024-03-06T16:33:00","date_gmt":"2024-03-06T16:33:00","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant"},"modified":"2024-03-06T16:48:40","modified_gmt":"2024-03-06T16:48:40","slug":"u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant","title":{"rendered":"U.S. boosts Namibian Hydrogen Fund with N$19 million grant"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>THE United States (U.S.) government has granted N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion Sustainable Development Goals (SDG) Namibia One Fund.<\/p>\n

The SDG Namibia One Fund, launched during the United Nations Climate Change Conference COP-27 in November 2022, serves as Namibia\u2019s exclusive finance mechanism for green hydrogen.<\/p>\n

It is the designated funding partner for Namibia\u2019s initiatives in green hydrogen. The fund will oversee infrastructure projects encompassing the production, transportation, transmission, storage, and utilization of green hydrogen and its derivatives. This is intended to contribute to creating a more environmentally friendly energy grid, generating employment, reducing emissions, and fostering sustainable economic growth in Namibia.<\/p>\n

\u201cIn the global race to develop green hydrogen, Namibia is at the forefront. In fact, green hydrogen development is at the heart of the country\u2019s Vision 2030. I applaud the government of Namibia for recognizing that hydrogen presents the country with the unique opportunity to develop a low-carbon industry,\u201d U.S. Ambassador to Namibia, Randy Berry, said.<\/p>\n

The U.S. Government granted the N$19 million through the USAID Mobilizing Investment project, which aims to address funding gaps in Southern Africa\u2019s investment ecosystem.<\/p>\n

\u201cBy catalyzing an increased flow of private capital into the economy, the project hopes to help increase employment, decrease poverty, and reduce inequality across the region. The USAID Mobilizing Investment project operates across ten Southern African countries: Angola, Botswana, Lesotho, Eswatini, South Africa, Madagascar, Malawi, Mozambique, Zambia, and Namibia,\u201d the U.S Embassy\u2019s Acting Public Relations Officer, Rachelle Duck, said.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. THE United States (U.S.) government has granted N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited to support the N$22 billion Sustainable Development Goals (SDG) Namibia One Fund. The SDG Namibia One Fund, launched during the United Nations Climate Change Conference COP-27 in November 2022, serves as Namibia\u2019s exclusive finance mechanism for […]<\/p>\n","protected":false},"author":84,"featured_media":64367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,236,233],"class_list":["post-64368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nU.S. boosts Namibian Hydrogen Fund with N$19 million grant - Namibia<\/title>\n<meta name=\"description\" content=\"THE United States (U.S.) government has granted N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited to support ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. boosts Namibian Hydrogen Fund with N$19 million grant\" \/>\n<meta property=\"og:description\" content=\"THE United States (U.S.) government has granted N$19 million to Namibia Hydrogen Fund Managers (Pty) Limited to support ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-06T16:33:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-06T16:48:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/03\/sm_1709730962.752814.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"U.S. boosts Namibian Hydrogen Fund with N$19 million grant\",\"datePublished\":\"2024-03-06T16:33:00+00:00\",\"dateModified\":\"2024-03-06T16:48:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\"},\"wordCount\":278,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/03\/sm_1709730962.752814.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/u-s-boosts-namibian-hydrogen-fund-with-n19-million-grant\",\"name\":\"U.S. boosts Namibian Hydrogen Fund with N$19 million grant - 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