German Government continues supporting economic development in the Republic of Namibia German Government continues supporting ...
(WorldNews Germany)

On Monday, 24 June 2019, Hon. Calle Schlettwein, Minister of Finance of the Republic of Namibia, and His Excellency Christian Schlaga, Ambassador of the Federal Republic of Germany signed a Financial Cooperation Agreement on interest-subsidized loans between Germany and Namibia. The agreement covers programmes to the value of 80 million Euro (roughly 1.3 billion NAD), financing three projects to support the development of water and transport infrastructure as well as financial inclusion in particular in rural areas. The funding for the 3 projects under this...