01
Dec
Chamwe Kaira The electricity and water sector is expected to remain a key growth driver within the secondary industries. The subsector is projected to grow by 8.5% in 2025, up from 2.3% in 2024. The Bank of Namibia's December economic outlook said the improvement is linked to expected favourable rainfall that will boost hydroelectric generation at Ruacana, along with ongoing investment in solar, wind and biomass projects. The central bank said rising reservoir levels will also support stronger water supply performance and that growth is expected to remain high over the medium term in line with the government’s renewable energy…
