André Scholz, (left) Chargé d’Affairs of the Embassy of Germany and Andries Leevi Hungamo, Permanent Secretary of the National Planning Commission, shortly after it was announced a new agreement has been reached between Germany and Namibia for further development financing of some N$320 million.
Namibia and Germany signed a new financial co-operation agreement totalling Euro24,8 million (approximately N$320 million) for supporting the governments development agenda.
At the end of June, Mr. André Scholz, Chargé d’Affairs of the Embassy of the Federal Republic of Germany to Namibia, and Mr. Andries Leevi Hungamo Permanent Secretary of the National Planning Commission, signed a financial co-operation agreement and reaffirmed that the main objectives of Namibian–German co-operation are to support the government in its efforts to reduce poverty and unemployment, to improve the population’s overall living conditions and to strengthen the country’s infrastructure, as well as to foster economic development. Thus all funding will be expended according to the core fields of Namibia’s “Vision 2030” and the fourth National Development Plan.
The inter-governmental agreement signed, totalling grants worth Euro 24,8 million has three funding components. The first is to support to the health sector to eradicate Mother to Child Transmission of HIV and maintain medical equipment. The second is for the construction of access roads to adapt to flooding in the north and the thirds is for community-based development for targetted regions.