Nigerian billionaire Aliko Dangote has expanded his footprint in Africa’s petroleum sector with the launch of Namibia fuel storage project in Walvis Bay, Namibia, in a move aimed at strengthening petroleum supply infrastructure in Southern Africa.
Located in Walvis Bay, one of Namibia’s major commercial ports, the facility is strategically placed to support the movement of petroleum products through regional shipping and transport networks. A pipeline will link the jetty to the tanks situated some 16 km (10 miles) from the Walvis Bay port. Its development comes as Southern African countries seek to improve fuel supply reliability, expand storage capacity and reduce exposure to disruptions in international energy markets.
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Namibia fuel storage project
The large-scale tank farm is expected to enhance the region’s capacity to store and distribute refined petroleum products, potentially positioning Namibia as a strategic fuel distribution centre for neighbouring markets. The investment adds to Dangote’s growing portfolio of energy-related ventures across the continent. Through his business interests, the Nigerian industrialist has been pursuing opportunities across petroleum refining, fuel storage and distribution, with a broader focus on developing infrastructure to support Africa’s energy markets.
The Namibian project also underscores the increasing role of private-sector investment in addressing infrastructure gaps within Africa’s petroleum supply chain. The plan is to eventually have a regional pipeline of more than 2,000 km linking the project to the hinterland countries of Botswana, Zimbabwe, Zambia and potentially the Democratic Republic of Congo, company officials said.
