Dutch-based Climate Fund Managers (CFM) has acquired a 24% equity stake in Hyphen Hydrogen Energy to support the development of Namibia's first green hydrogen project. This initiative is part of the SDG Namibia One Fund managed by Nam-H2 Fund Managers, aiming to boost the green hydrogen sector in Namibia. Hyphen, a joint venture appointed by the Namibian government, plans to produce 2 million tonnes of green ammonia per year, significantly reducing CO2 emissions. The project is expected to create thousands of jobs and prioritize local employment and procurement, contributing to the economic growth of Namibia. Furthermore, partnerships with organizations like the Development Bank of Southern Africa and ILF Consulting Engineers will provide additional support for the successful execution of the project. CFM expressed enthusiasm about collaborating with partners to bring long-term benefits to Namibia and its people through this groundbreaking green hydrogen initiative.