Dangote breaks ground on $2.5 billion Namibia fuel hub

Aliko Dangote broke ground on Wednesday on a $2.5 billion fuel depot outside Walvis Bay in Namibia, with a 1,700 kilometre pipeline planned to supply Botswana and South Africa.

Why it matters: The hub would give landlocked southern African countries a regional supply route for fuel from the Dangote Group's 700,000 barrel a day Nigerian refinery, cutting reliance on fuel shipped in from outside the continent.

Data as of OilPrice report of November 4, 2026, carrying Bloomberg reporting of the Walvis Bay groundbreaking, read in full in this run; BusinessDay and The Namibian reported the same project the same day. Developing item.

Aliko Dangote broke ground on Wednesday on a fuel storage site outside the port of Walvis Bay in Namibia, the first piece of a planned $2.5 billion distribution hub for southern Africa. The project includes a 1,700 kilometre pipeline to carry fuel to Botswana and South Africa, and Dangote said it is meant to let landlocked countries access petroleum products at a cheaper price. The depot will be supplied by the Dangote Group’s 700,000 barrel a day refinery in Nigeria, which began operations two years ago and is expanding its distribution network across Africa.

Dangote breaks ground on $2.5 billion Namibia fuel hub

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