business

Dangote Unveils Namibia Energy Project, Proposes 1.6mb Tank Farm

4 November 2026

Namibia is strengthening its position in Africa’s energy market, with Nigerian industrialist Aliko Dangote unveiling plans for a major petroleum storage and regional pipeline project in Walvis Bay. The event, attended by President Netumbo Nandi-Ndaitwah and senior government officials, marks a significant investment proposition aimed at expanding fuel storage capacity and improving distribution across Southern Africa. The proposed facility is expected to hold at least 1.6 million barrels of petrol and diesel. Dangote at the unveiling of the project in Walvis Bay, Namibia, on Wednesday, November 4, 2026. Details Soon…

dangote
namibia
project
energy
unveils
tank
farm
africa

Related news

business

GIADEC and RUSAL agree to build and jointly operate a bauxite-to-alumina refinery in Ghana.

The agreement, according GIADEC sources, was signed in Moscow during the Russia–Africa Forum. The Nyinahin projects will bring investment, thousands of jobs, improvements to rail and port infrastructure, and new opportunities for Ghanaian businesses,” said a GIADEC spokesperson.

1d ago

Read →

business

Ramping up solar option to close energy gap

Nigeria’s electricity crisis indicts decades of failed planning. The World Bank’s access series put electricity access at 62.5 per cent in 2024; the Nigerian Investment Promotion Commission (NIPC) says more than 85 million people remain without grid power.

11h ago

Read →

business

MAN convenes energy efficiency summit to boost manufacturing

By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) is set to convene a two-day energy efficiency summit in Lagos to address high energy costs, improve industrial competitiveness and promote investment in alternative power solutions. The summit, scheduled for November 3 to 4, organised through MAN’s power and energy subsidiary, Manufacturers Power Development Company Ltd (MPDCL), in partnership with the German Development Agency (GIZ) and Nigerian Energy Support Programme (NESP), will hold at Legend Hotel Lagos Airport, Ikeja, Lagos.

1d ago

Read →

business

Clean energy investments helped India soften West Asia crisis impact: PM Modi

Inaugurating Bharat Renewable Energy Summit & Expo, Narendra Modi says India’s economy continued to grow despite the crisis; warns that excess dependence on fossil fuels could risk increased exposure to global disruptions

1d ago

Read →

business

Elevate Africa partners with National University to provide business mentorship for threads of Africa Fashion Film winners

Elevate Africa has entered into a strategic partnership with the Center for Business Innovation, Entrepreneurialism and Management (CBEM) at National University to provide an exclusive business mentorship programme for winners of the Threads of Africa Fashion Film Prize. The partnership, which was announced during the Threads of Africa Fashion Film Prize awards at the Elevate Africa 2026 Convening in Accra, Ghana, aims to strengthen the long-term impact of Threads of Africa, an initiative of Elevate Africa, by ensuring that the competition’s top creatives receive structured support to grow…

39m ago

Read →

business

Ghana leads Africa in quantitative risk training as CQRM tops ChatGPT ranking

In August, an IMF paper examined how Ghana’s banks and the central bank would cope with severe, prolonged gold price shocks, a risk closely linked to the Ghanaian economy. A Ghanaian head start Face-to-face CQRM training has been held in Ghana since 2019, pausing only during the COVID-19 pandemic.

16h ago

Read →