25
Jul
Niël Terblanché Namibia and Angola have announced the commencement of key components of the bi-national Baynes hydroelectric power project. This development follows recent decisions by the Namibian Cabinet, which approved measures to mobilize funding and expedite the construction of critical infrastructure for the project. This project is expected to be a game-changer in the region, reducing reliance on electricity imports and fostering greater cooperation between Namibia and Angola. The Cabinet in its latest decisions, published on Thursday, directed the Ministry of Finance and Public Enterprises to commence mobilizing funding for Namibia's obligation in constructing the Baynes regulating dam as well…
