NAMBIA: According to Bank of Namibia Governor Johannes !Gawaxab, the country’s hydrogen industry has the potential to provide a substantial boost to the economy over the next seven years.
By 2030, it could contribute US$4.1 billion to GDP, which is 32 percent more than 2030 GDP estimates without a hydrogen industry. The statements were made by the governor at a recent Bloomberg event held on 5 September in Windhoek. Furthermore, the hydrogen industry is estimated to create 18,000 jobs as it hopes to produce hydrogen and its derivatives at highly competitive costs, while creating an at-scale green fuels industry that will serve markets in Europe, China, Japan, South Korea, and other parts of the world. (Bloomberg)