The money will apparently be paid out over 30 years through spending on infrastructure, healthcare and training programmes benefiting the impacted communities.
German colonisers killed tens of thousands of Herero and Nama people there in early 20th Century massacres. The genocide began in 1904 after a Herero and Nama rebellion over German seizures of their land and cattle. The head of the military administration there, Lothar von Trotha, called for the extermination of the population. Many died of disease, exhaustion and starvation with some subject to sexual exploitation and medical experimentation. It is thought up to 80% of the indigenous populations died during the genocide - with a death toll in the tens of thousands.