{"id":9221,"date":"2026-11-04T18:16:28","date_gmt":"2026-11-04T18:16:28","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/04\/namibia-president-declares-dangotes-2-5bn-energy-investment-a-landmark-for-africas-industrial-future\/"},"modified":"2026-11-04T18:16:28","modified_gmt":"2026-11-04T18:16:28","slug":"namibia-president-declares-dangotes-2-5bn-energy-investment-a-landmark-for-africas-industrial-future","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/04\/namibia-president-declares-dangotes-2-5bn-energy-investment-a-landmark-for-africas-industrial-future\/","title":{"rendered":"Namibia President declares Dangote\u2019s $2.5bn energy investment a landmark for Africa\u2019s industrial future"},"content":{"rendered":"
\"Namibia<\/p>\n

\u2026Says project launch most memorable day of her presidency<\/strong><\/p>\n

\u2026Unveils 600-million-litre tank farm, 1,700km regional pipeline<\/strong>
By Udeme Akpan<\/strong><\/p>\n

President of Namibia, Dr Netumbo Nandi-Ndaitwah, has described the $2.5 billion Dangote Namibia Tank Farm and Regional Pipeline Project as a landmark investment that will accelerate Africa\u2019s industrialisation, enhance regional energy security and deepen economic integration across Southern Africa.<\/p>\n

Speaking at the project\u2019s official launch in Walvis Bay, the Namibian leader praised Aliko Dangote, President and Chief Executive of Dangote Industries Limited, for demonstrating confidence in Africa\u2019s economic potential through transformative investments in energy infrastructure. She described the occasion as the most memorable day of her presidency.<\/p>\n

\u201cToday, is the most memorable day of my presidency,\u201d she said, noting that the investment reflects the growing capacity of African entrepreneurs to drive the continent\u2019s transformation.<\/p>\n

The project comprises a proposed 600-million-litre petroleum storage facility and an approximately 1,700-kilometre regional pipeline network that will position Namibia as a strategic fuel distribution hub for Southern Africa.<\/p>\n

The infrastructure is expected to improve fuel supply reliability, reduce transportation costs and support economic growth across the region.<\/p>\n

President Nandi-Ndaitwah said the investment aligns with Namibia\u2019s development priorities and the goals of the African Continental Free Trade Area (AfCFTA), while creating opportunities for employment, skills transfer and industrial expansion.
Addressing the ceremony, Aliko Dangote said the investment forms part of the Group\u2019s broader vision to build interconnected centres of production, storage and distribution across Africa.<\/p>\n

He disclosed that the facility, located near Walvis Bay, will have storage capacity for 360 million litres of diesel and 240 million litres of petrol.<\/p>\n

The pipeline network will connect Namibia to key markets in Botswana, Zambia, Zimbabwe, Malawi and parts of the Democratic Republic of Congo. \u201cWe want to invest heavily so that landlocked countries can access petroleum products at cheaper prices,\u201d Dangote said.<\/p>\n

Dangote also announced that the Group has increased its Africa-wide investment ambition towards 2030 from $50 billion to $60 billion, signalling plans for further expansion across the continent.<\/p>\n

\u201cWhat we are launching today represents an investment of $2.5 billion, but Namibia deserves much more. We want to invest more and do more with your government,\u201d he said.<\/p>\n

Reaffirming his commitment to Africa\u2019s development, Dangote said the continent possesses the resources, talent and markets needed to achieve sustainable industrialisation. \u201cAfrica must industrialise Africa,\u201d he declared.
The Governor of Namibia\u2019s Erongo Region, Dr Nathalia \u01c0Goagoses, also welcomed the investment, describing it as a strategic initiative that will strengthen Namibia\u2019s role as a gateway for trade, investment and regional economic integration.
Dangote concluded by reaffirming the Group\u2019s long-term commitment to Namibia and Southern Africa, pledging continued investment in infrastructure projects that promote growth, job creation and prosperity across the continent.<\/p>\n

The post Namibia President declares Dangote\u2019s $2.5bn energy investment a landmark for Africa\u2019s industrial future<\/a> appeared first on Vanguard News<\/a>.<\/p>\n<\/div>\n

Source: <\/p>\n

Vanguard News<\/div>\n","protected":false},"excerpt":{"rendered":"

\u2026Says project launch most memorable day of her presidency \u2026Unveils 600-million-litre tank farm, 1,700km regional pipelineBy Udeme Akpan President of Namibia, Dr Netumbo Nandi-Ndaitwah, has described the $2.5 billion Dangote… <\/p>\n","protected":false},"author":1,"featured_media":9222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-9221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/9221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=9221"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/9221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/9222"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=9221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=9221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=9221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}