Namibia paid €1.1bn by Germany over historical Herero-Nama genocide
Image Credit: The Guardian
As a result of Germany's official recognition of the Herero-Nama genocide at the turn of the 20th century, they agreed to compensate Namibia with £940 million. Since 2015, Germany has been in talks with Namibia's administration in an effort to "heal the scars" of previous conflicts. A total of €50 million will be spent on establishing a foundation for reconciliation between the two countries via student exchange & cultural programs.