Announcement
06 Nov 2023
In November 2023, the German Federal Ministry for Economic Affairs and Climate Action announced providing state aid to the HyIron/Oshivela project in Namibia. The funding supports the consortium of the three German companies CO2Grab GmbH, TS Elino GmbH and LSF GmbH & Co. KG that is overseeing the project.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Nov 2023
Revocation date:
No revocation date
Updated: 06 Nov 2023
Financial assistance in foreign market
In force
On 6 November 2023, the German Federal Ministry for Economic Affairs and Climate Action announced providing state aid of EUR 13 million (approx USD 14 million) to the HyIron/Oshivela project in Nam...
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