{"id":6046,"date":"2026-11-05T13:46:30","date_gmt":"2026-11-05T13:46:30","guid":{"rendered":"https:\/\/consumerconnectng.com\/?p=6046"},"modified":"2026-11-05T14:30:56","modified_gmt":"2026-11-05T14:30:56","slug":"dangotes-2-5bn-energy-investment-a-landmark-for-africas-industrial-future-namibian-president","status":"publish","type":"post","link":"https:\/\/consumerconnectng.com\/?p=6046","title":{"rendered":"Dangote&#8217;s $2.5bn energy investment, a landmark for Africa&#8217;s industrial future &#8211;Namibian President"},"content":{"rendered":"<p>*<strong><em>President Dr. Netumbo Nandi-Ndaitwah of Namibia says the $2.5 billion Dangote Namibia Tank Farm and Regional Pipeline Project as a landmark investment that will accelerate Africa&#8217;s industrialisation, enhance regional energy security and deepen economic integration, describing the&nbsp; project launch as &#8216;the most memorable day of her presidency&#8217;<\/em><\/strong><\/p>\n<p>Isola Moses | ConsumerConnect<\/p>\n<p>Dr. Netumbo Nandi-Ndaitwah, President of Namibia, has described the $2.5 billion Dangote Namibia Tank Farm and Regional Pipeline Project as a landmark investment that will accelerate Africa&#8217;s industrialisation, enhance regional energy security and deepen economic integration across Southern Africa.<\/p>\n<p>Speaking at the project&#8217;s official launch in Walvis Bay, the Namibian leader praised Alhaji Aliko Dangote, President and Chief Executive (CE) of Dangote Industries Limited (DIL), for demonstrating confidence in Africa&#8217;s economic potential through transformative investments in energy infrastructure.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"s1FDdb3gIA\"><p><a href=\"https:\/\/consumerconnectng.com\/?p=6020\">EFCC nabs 3 Chinese nationals, seal 90,000 litre illegal oil refinery underground tank in Ogun<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cEFCC nabs 3 Chinese nationals, seal 90,000 litre illegal oil refinery underground tank in Ogun\u201d \u2014 Consumer Experience Is A Top Priority\" src=\"https:\/\/consumerconnectng.com\/?p=6020&amp;embed=true#?secret=ApGvs7Fgid#?secret=s1FDdb3gIA\" data-secret=\"s1FDdb3gIA\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>She described the occasion as the most memorable day of her presidency.<\/p>\n<p>Dangote Group stated President Dr.&nbsp; Nandi-Ndaitwah also said: &#8220;Today,&nbsp; is the most memorable day of my presidency.&#8221;<\/p>\n<p>She equally notee that the investment reflects the growing capacity of African entrepreneurs to drive the continent&#8217;s transformation.<\/p>\n<p>Dangote disclosed the project comprises a proposed 600-million-litre petroleum storage facility and an approximately 1,700-kilometre regional pipeline network that will position Namibia as a strategic fuel distribution hub for Southern Africa.<\/p>\n<p>The infrastructure is expected to improve fuel supply reliability, reduce transportation costs and support economic growth across the region.<\/p>\n<p>President Nandi-Ndaitwah said the investment aligns with Namibia&#8217;s development priorities and the goals of the African Continental Free Trade Area (AfCFTA), while creating opportunities for employment, skills transfer and industrial expansion.<\/p>\n<p>Addressing the ceremony, Alhaji Dangote said the investment formed part of the Group&#8217;s broader vision to build interconnected centres of production, storage and distribution across Africa.<\/p>\n<p>The foremost industrialist disclosed that the facility, located near Walvis Bay, would have storage capacity for 360 million litres of diesel and 240 million litres of petrol.<\/p>\n<p>The pipeline network will connect Namibia to key markets in Botswana, Zambia, Zimbabwe, Malawi and parts of the Democratic Republic of Congo.<\/p>\n<p>Stated he: &#8220;We want to invest heavily so that landlocked countries can access petroleum products at cheaper prices.&#8221;<\/p>\n<p>The President and CE of Dangote Group further announced that the conglomerate has increased its Africa-wide investment ambition towards 2030 from $50 billion to $60 billion, signalling plans for further expansion across the continent.<\/p>\n<p>Dangote stated: &#8220;What we are launching today represents an investment of $2.5 billion, but Namibia deserves much more.<\/p>\n<p>&#8220;We want to invest more and do more with your government.&#8221;<\/p>\n<p>Reaffirming his commitment to Africa&#8217;s development, Dangote said the continent possesses the resources, talent and markets needed to achieve sustainable industrialisation.<\/p>\n<p>&#8220;Africa must industrialise Africa,&#8221; he declared.<\/p>\n<p>The Governor of Namibia&#8217;s Erongo Region, Dr. Nathalia Goagoses, also welcomed the investment, describing it as a strategic initiative that would strengthen Namibia&#8217;s role as a gateway for trade, investment and regional economic integration.<\/p>\n<p>Dangote concluded by reaffirming the Group&#8217;s long-term commitment to Namibia and Southern Africa, pledging continued investment in infrastructure projects that promote growth, job creation and prosperity across the continent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>*President Dr. Netumbo Nandi-Ndaitwah of Namibia says the $2.5 billion Dangote Namibia Tank Farm and Regional Pipeline Project as a landmark investment that will accelerate&hellip;<\/p>\n","protected":false},"author":2,"featured_media":6056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_FSMCFIC_featured_image_caption":"L\u2013R: Group Vice-President, Oil &amp; Gas and Fertiliser, Dangote Industries Limited (DIL), Devakumar Edwin; Group President\/Chief Executive of DIL, Aliko Dangote; President (Dr.) Netumbo Nandi-Ndaitwah of Namibia; and President of Afreximbank, Dr George Elombi, During the Official Launch of the Dangote Namibia Tank Farm and Regional Pipeline Project, in Namibia        Photo: DIL\r\n","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","_customify_content_layout":"","_customify_sidebar":"","_customify_page_header_display":"default","_customify_disable_header":"","_customify_disable_header_top":"","_customify_disable_header_main":"","_customify_disable_header_bottom":"","_customify_disable_page_title":"","_customify_disable_content_vertical_padding":"","_customify_disable_footer_top":"","_customify_disable_footer_main":"","_customify_disable_footer_bottom":"","_customify_breadcrumb_display":"","_customify_header_transparent_display":"default","footnotes":""},"categories":[20,3,4],"tags":[],"class_list":["post-6046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlights","category-infoeducation","category-markets"],"featured_image_urls":{"full":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-scaled.jpg",2560,1472,false],"thumbnail":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-150x150.jpg",150,150,true],"medium":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-300x173.jpg",300,173,true],"medium_large":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-768x442.jpg",768,442,true],"large":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-1024x589.jpg",843,485,true],"1536x1536":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-1536x883.jpg",1536,883,true],"2048x2048":["https:\/\/consumerconnectng.com\/wp-content\/uploads\/2026\/11\/DSC_41892-2048x1178.jpg",2048,1178,true]},"author_info":{"info":["ConsumerConnect"]},"category_info":"<a href=\"https:\/\/consumerconnectng.com\/?cat=20\" rel=\"category\">Highlights<\/a> <a href=\"https:\/\/consumerconnectng.com\/?cat=3\" rel=\"category\">InfoEducation<\/a> <a href=\"https:\/\/consumerconnectng.com\/?cat=4\" rel=\"category\">Markets<\/a>","tag_info":"Markets","comment_count":"0","_links":{"self":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/6046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6046"}],"version-history":[{"count":2,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/6046\/revisions"}],"predecessor-version":[{"id":6057,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/6046\/revisions\/6057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/media\/6056"}],"wp:attachment":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}