Namibia’s Hyphen green hydrogen project has secured another grant from the African Development Bank (AfDB), providing additional support to advance the project towards a Final Investment Decision (FID), The Villager reported.
The AfDB will provide Hyphen with a reimbursable grant of N$96.22 million, or US$5.93 million, under the Sustainable Energy Fund for Africa (SEFA) Africa Green Hydrogen Programme. The funding will support the development of Hyphen’s green hydrogen and related products project in Namibia.
The grant is part of AfDB funding for green hydrogen and related projects in four African countries — Egypt, Morocco, Namibia and South Africa.
Hyphen confirmed that it had been selected as a prospective beneficiary under the programme’s call for proposals, which was conducted from April 10 to May 11, 2026. The call attracted 81 proposals for projects across 18 African countries.
The AfDB said the SEFA funding is intended to help prepare projects for investment. The latest grant will support the Hyphen project through its preparation phase up to the FID stage.
Daniel Schroth, AfDB Group Director for Renewable Energy and Energy Efficiency, said Africa’s renewable energy resources give the continent an opportunity to become competitive in the emerging global green hydrogen and related products market.
Through the Africa Green Hydrogen Programme, he said, the bank was helping promising projects move closer to being ready for investment.
The latest grant builds on the AfDB’s earlier support for Hyphen. The bank had announced a US$10 million reimbursable grant for the project on December 9, 2025.
Hyphen Hydrogen Energy CEO Marco Raffinetti said the second grant reflected confidence in the project and its progress.
He said support from African and international lending institutions was important as the company moved through the project preparation stage towards the Final Investment Decision.
Raffinetti said Hyphen, together with its partners and the Namibian government, remained focused on developing a large-scale green hydrogen hub that would support local economic and social development, create jobs and contribute to Namibia’s role in the global transition towards cleaner energy.
