Commission President Ursula von der Leyen and President of Namibia Hage Geingob signed a Memorandum of Understanding establishing a strategic partnership between the EU and Namibia at the COP27 in Egypt.

The partnership aims to ensure the development of a secure and sustainable supply of raw materials, refined materials and renewable hydrogen to support the green and digital transformation of the partners’ economies. It deepens the cooperation in areas with mutual benefits for both parties. The partnership will promote local value addition in Namibia by supporting the development of the mining and renewable hydrogen value chains. It will support sustainable raw materials value chains and facilitate investment and funding opportunities to modernise the Namibian industries and drive economic and social development.