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Africa’s richest man launches mega oil tank farm in Namibia

Al Jazeera · 2026-11-05

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• What happened: Africa’s richest man launches mega oil tank farm in Namibia Africa’s richest man launches mega oil tank farm in Namibia Nigerian billionaire Aliko Dangote has launched a mega fuel storage facility in Namibia to future-proof Southern Africa’s fuel supply. The $2.5 billion tank farm in Walvis Bay is the latest of Dangote... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Africa’s richest man launches mega oil tank farm in Namibia

Nigerian billionaire Aliko Dangote has launched a mega fuel storage facility in Namibia to future-proof Southern Africa’s fuel supply. The $2.5 billion tank farm in Walvis Bay is the latest of Dangote’s petro-ventures on the continent.

Source: Al Jazeera
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