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Billionaire industrialist Dangote launches $2.5 billion Namibia fuel storage project

Arab News 04 November 2026 9h ago
Billionaire industrialist Dangote launches $2.5 billion Namibia fuel storage project
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WALVIS BAY, Namibia: Nigerian billionaire Aliko Dangote launched a $2.5 billion fuel storage and regional pipeline project in Namibia’s Walvis Bay on Wednesday that could reshape the fuel supply architecture in Southern Africa. The project is one of a slew of energy ventures championed by Dangote, Africa’s richest man, as he expands his sprawling business empire on a continent heavily reliant on i
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