It is not surprising that it was top of the agenda at the recent 27th Conference of the Parties to the Framework Convention on Climate Change (COP27) in Egypt.
At the brink of the fourth Industrial Revolution, this could be a game changer in terms of business and economics, development, and the way nations relate to each other as a global village.
Namibia has been identified as a hotspot for green hydrogen production with the potential of providing the global economy with clean energy.
It is a great initiative, however, with the pouring in of foreign interests and massive concessional loans to kick-start the project, a question lingers: Who will benefit the most?
Namibia, like many developing countries, cannot build these projects from the ground up on its own, hence the need for foreign investment.
Not to mention the need for the necessary skills and expertise to facilitate and run the business.
It’s a new development for the country, an untapped market with the potential of being a lucrative industry.
By now, those with the financial means, influence and close ties, both locally and internationally, are lining up and trying to get a foot in the door.
Over the years we have observed immense corruption, the mismanagement of funds and self-enrichment which came with tremendous weight, triggering catastrophic economic disruption, consequently at the hands of those entrusted to foster the country’s prosperity.
The emergence of green hydrogen production should be welcomed as an opportunity for economic growth, development of infrastructure, employment opportunities, and transferable skills.
In light of this great initiative, the hope is that Namibia does not become a laughing stock, falling victim to the trap of neocolonialism, and benefiting a few individuals only.
With all the necessary assistance we will need, we should still be at liberty to decide how our resources should be managed for the betterment of our people and Africa in general.
Eventually we need to be self-reliant, as that is the only way for us to benefit without restriction and conflicting foreign policies.
I hope ordinary Namibian citizens will not be left behind.
* Josua Ndakwenonghwe is a young Namibian entrepreneur.
