The National Energy Compact was officially launched on Thursday, in a landmark step to end reliance on power imports.
The launch marked the country’s formal entry into Mission 300, a high-stakes global initiative led by the World Bank Group and the African Development Bank to provide electricity to 300 million people across Sub-Saharan Africa by 2030.
Officiating the event, Minister of Industries, Mines, and Energy, Modestus Amutse, highlighted the urgency of the move. Currently, the nation’s energy security is heavily tethered to its neighbors, with domestic generation covering only about 40% of electricity needs. The remaining 60% is imported from regional providers.
“Energy security is economic security, and we must change this trajectory,” Amutse stated.
According to Amutse, the Compact anchors energy access firmly within the country’s national development goals.
“Under the Sixth National Development Plan, Namibia has committed to connecting 200,000 households within the planned period,” he said, adding that the National Energy Compact provides the coordinated framework to deliver on that commitment.
Meanwhile, Namibia, under its National Integrated Resource Plan, has set clear ambitions to reach 80 percent electricity self-sufficiency and to achieve 70 percent renewable energy penetration in its generation mix.
While the strategy leans heavily on Namibia’s solar and wind resources, Amutse highlighted a potential shift toward nuclear power.
“We are also endowed with some of the most significant uranium resources in the world. If we are serious about long-term decarbonization, affordability, and reliability, nuclear energy must be part of the conversation,” he concluded.
The Namibia Energy Compact is the result of a disciplined consultation process that began in February 2025 at the Africa Energy Summit in Tanzania.
Source: MSN