Namibia Government Holds 30% Stake in N$3 Billion Desalination Plant with Swakop Uranium's 70% Control
WATER INFRASTRUCTURE & DESALINATIONFUSION & ADVANCED NUCLEAR POWER
Namibia's government has partnered with Swakop Uranium, a subsidiary of China General Nuclear Power Group, in a joint venture for a N$3 billion desalination plant in the Erongo region, with the government holding a 30% stake. The plant is expected to produce 20 million cubic meters of water annually and integrate with NamWater's existing distribution system.
Political leaders criticize the foreign company's 70% control, warning it could lead to high water prices and inequitable access. The project was approved by Cabinet and aims to ensure long-term regional water supply solutions, with 60% of its cost financed through debt.

Mar 15, 2026, 10:02 AM