The development marks a significant investment proposition aimed at expanding fuel storage capacity and improving distribution across Southern Africa.
Aliko Dangote, the President and Chief Executive Officer of the Dangote Group, looks on during an interview with AFP in Nairobi on September 29, 2026. (Photo by SIMON MAINA / AFP)
Namibia is strengthening its position in Africa’s energy market, with Nigerian industrialist Aliko Dangote unveiling plans for a major petroleum storage and regional pipeline project in Walvis Bay.
The event, attended by President Netumbo Nandi-Ndaitwah and senior government officials, marks a significant investment proposition aimed at expanding fuel storage capacity and improving distribution across Southern Africa.
The proposed facility is expected to hold at least 1.6 million barrels of petrol and diesel.
Dangote at the unveiling of the project in Walvis Bay, Namibia, on Wednesday, November 4, 2026.
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