Namibia raises 4.16 mln USD from 2026 fishing quota auctions

WINDHOEK, July 1 — Namibia’s government raised 68.4 million Namibian dollars (about 4.16 million U.S. dollars) from public auctions of government fishing quotas for the 2026 fishing season, according to figures released Wednesday by the Ministry of Finance.

The auctions, held on May 22, with payments completed by May 29, attracted bids in both the wet-processing and freezer-processing categories, the ministry said in a statement. A total of 11,037.11 metric tons of horse mackerel and 1,719.69 metric tons of hake were allocated.