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AID: Namibia (MRB Nov 2001): EU lays out aid strategy for the next seven years.
Namibia's main donor, the European Union, should disburse up to 91 million Euros for the 2001-2007 period from the 9th European Development Fund resources in a programme which sees the country as a factor of stability n the region.
A total 48 millions will be allocated to cover rural development and human resources, whereas 43m additionally will be earmarked to cover unforeseen needs such as emergency assistance, contributions to international debt relief initiatives and support to mitigate the adverse effects of instability in export earnings.
Within the second tranche, a 25m package will be destined to finance the diversification of the mining sector.
In addition, Namibia might continue to receive loans from the European Investment Bank, which has already spent up to 138.2m. from 1990 and 2001, out of which 127.3m comes from its own resources, exceeding largely indicative amounts. The EIB will continue to focus its interventions on the water, power, transport, telecommunications and infrastructure sectors.
The EU's earlier backing and its announcement of its pledge for the 2001-2007 period are clear indications of Europe's positive perception of Namibia as "one of the more politically stable countries in Africa" - although a European Commission strategy paper mentions that "there has been growing concern about involvement in external conflict and more recently, strong pronouncement against minority groups, particularly the homosexual community".
The EC also noted with concern the criticism by the members of the government of the judiciary and of foreigners, the ban of the government's purchase and advertisement in an independent newspaper, Namibia's involvement in the conflict of Angola, and the secession in Caprivi which have led to "the disruption of civil life in Kavango and Caprivi".
A closer scrutiny of the EU-funded National Indicative Programme reveals a conflict prevention dimension, illustrated by the intention to finance community farming projects in the north of the country.
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- News wire article from: United Press International January 6, 2000 700+ words
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...made the pioneering voyage to Namibia in his Buckie registered vessel...crew. Last night, speaking from Namibia, Mr Smith said the EU's strangulation of the Scottish...December to seek fresh grounds off Namibia and began the 26-day voyage...
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...Interbrew SA's proposed sale of its stake in Namibia Breweries Ltd. to a joint venture between...will give them a 28.9 percent stake in Namibia's only licensed brewer. "If you can...Vrijenhoek. Interbrew acquired a stake in Namibia Breweries through its purchase of Beck...
