South African President Cyril Ramaphosa has announced plans to deepen cooperation with Namibia in the energy sector in a bid to grow the economies of both countries. Speaking during talks with Namibian President Hage Geingob, who is on a state visit to South Africa, Ramaphosa stated that the two countries are planning massive hydrogen projects.
Ramaphosa said that the private sector and state-owned enterprises from both countries should work together in the energy sector to achieve mutual benefits. This cooperation will result in the growth of the economies of both countries, he added.
“We are committed to deepening our cooperation, particularly in the area of trade and investment. One of the areas to expand cooperation is in energy investment,” said Ramaphosa.
The South African President also pledged to work closely with Namibia in pursuing low-carbon, inclusive, and climate-resilient development. He noted that both countries are water-scarce and are particularly vulnerable to climate change.
The move comes as South Africa seeks to improve its bilateral ties with its southern African neighbours, and marks a step towards the country’s goal of becoming a regional economic hub.
Namibia has significant untapped energy resources, including solar, wind, and hydropower, which could be harnessed to reduce its reliance on fossil fuels. The two countries’ collaboration in the energy sector is expected to create new opportunities for investment, trade, and job creation.
The details of the planned hydrogen projects and other energy initiatives are yet to be released.
