Windhoek, Sept.22 – Hyphen Hydrogen Energy (Hyphen) is pleased to announce that the African Development Bank Group (AfDB) has selected Hyphen for a prospective US$5.93 million reimbursable grant under the Sustainable Energy Fund for Africa’s (SEFA) Africa Green Hydrogen Programme.
This additional grant selection extends the relationship between AfDB and Hyphen, building on the previously announced US$10 million reimbursable grant announced on December 9th, 2025. The grant will contribute towards the development of the project up to Final Investment Decision (FID).
Hyphen was selected is one of four projects following a highly competitive process under the Africa Green Hydrogen Programme’s Call for Proposals, which received 81 submissions across 18 African countries.
AfDB’s selection of Hyphen underscores the Bank’s confidence in the project’s maturity, strategic importance, and bankability. It is also the largest allocation among the selected green hydrogen initiatives across the African continent.
This partnership underscores the vital role of multilateral development finance institutions in collaborating with private developers to catalyze transformative green infrastructure in Africa.
At full development, Hyphen’s landmark project in Namibia will feature approximately 7 GW of renewable generation capacity and three GW of electrolyzer capacity.
The project targets producing two million tonnes of green ammonia annually for regional and global markets, including sustainable fuels for shipping and aviation with FID for the first phase of one million tonnes per annum targeted by the end of 2027.
Marco Raffinetti, CEO of Hyphen Hydrogen Energy, said: “Hyphen is delighted to have been selected under the African Development Bank’s Africa Green Hydrogen Programme.
This selection is a major endorsement of our project’s quality, rigor, and advanced maturity. Strategic backing from African and international lending institutions is vital as we advance through this crucial project preparation phase toward FID.
Together with our partners and the Government of Namibia, we remain focused on delivering a world-class green hydrogen hub that drives local socio-economic growth, creates jobs, and positions Namibia as a global leader in the energy transition.”
Dr. Daniel Schroth, Director for Renewable Energy and Energy Efficiency at the African Development Bank, stated: “Africa’s exceptional renewable energy resources give the continent a unique opportunity to become a competitive player in the emerging global green hydrogen and derivatives market.
Through the SEFA-funded AGHP, the African Development Bank is helping to move high-potential projects closer to investment readiness.”
Hyphen’s project is positioned to deliver a transformational socio-economic impact for Namibia. Construction could create up to 15,000 new jobs, plus potentially 3,000 permanent operational jobs upon completion of both phases.
The project is targeting 90% of the jobs to be filled by Namibians, with 20% specifically reserved for local youth. Furthermore, the project will contribute significantly to global decarbonization efforts, cutting 5 to 6 million tonnes of emissions annually, exceeding Namibia’s total national carbon footprint.
