Nigerian billionaire Aliko Dangote launches $2.5 billion Namibia fuel depot
The Nigerian businessman launched the tank farm in Walvis Bay with the aim of protecting Southern Africa’s future fuel supply.
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The Nigerian businessman launched the tank farm in Walvis Bay with the aim of protecting Southern Africa’s future fuel supply.
Nigerian billionaire Aliko Dangote has launched a $2.5 billion fuel-storage facility in Walvis Bay, Namibia, Al Jazeera said. The facility is intended to protect Southern Africa’s future fuel supply.
Dangote also owns Dangote Refinery, which was commissioned in 2023. Al Jazeera’s account does not specify the capacity or operating arrangements of the Walvis Bay facility.
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