Nigerian billionaire Aliko Dangote has officially launched a mega fuel storage facility in Walvis Bay, Namibia. Valued at $2.5 billion, the massive tank farm is designed to future-proof Southern Africa’s fuel supply. The strategic project represents the latest in a series of petro-ventures undertaken by Africa's richest man. Through this development, Dangote continues to aggressively expand his commercial energy footprint across the continent.
NewsFeed
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.
Published On 5 Nov 2026
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