“When I go to Europe, everyone is running to Namibia because we have green hydrogen,” Geingob said in a panel discussion in New York on Tuesday, adding that the nation also has lithium and rare minerals deposits. “Americans are left out.”
State-backed firms from the Netherlands have also partnered with Namibia to create a sovereign wealth fund focused on green hydrogen. In addition to the clean energy projects, TotalEnergies SE and Shell Plc have made offshore oil discoveries since last year.
“We discovered oil, we have green hydrogen,” Geingob said. “The doors are open.”
(By Paul Burkhardt and Jennifer Zabasajja)