Namibia has faced challenges after being greylisted by the Financial Action Task Force (FATF) due to concerns about its measures against financial crimes. However, Finance Minister Iipumbu Shiimi highlighted that despite this, investor interest in Namibia's emerging green hydrogen industry remains strong. The country, known for championing green hydrogen initiatives, is set to host the Africa Green Hydrogen Summit. While greylisting does not lead to official sanctions, Namibia must address 13 critical action points within a 24-month period to improve its financial system's transparency and compliance. Shiimi emphasized that the greylisting has not significantly impacted trading relationships, but local banks may face higher compliance costs. Namibia has made progress by completing 59 out of 72 FATF recommendations, focusing on areas like financial institution supervision, due diligence requirements, and beneficial ownership transparency. The country aims to strengthen the Financial Intelligence Centre and improve cooperation with law enforcement. Economist Josef Sheehama believes that the greylisting will prompt Namibia to enhance its AML/CFT procedures, leading to a more transparent financial system. He highlighted the importance of policymakers and regulators working to improve the compliance framework to maintain international relationships and competitiveness. Sheehama sees the greylisting as a call to action for policymakers to address financial challenges and ensure a robust legal framework. Despite the hurdles, Namibia remains committed to overcoming the greylisting and enhancing its financial stability and compliance.