Dangote Industries Limited has unveiled a major petroleum storage and regional pipeline project in Namibia, announcing plans to reduce fuel transportation costs and strengthen the supply of refined petroleum products across Southern Africa.

The Dangote Namibia Tank Farm and Regional Pipeline Project was formally launched on Wednesday, November 4, 2026, at Farm 58 in Walvis Bay, with Namibian President Netumbo Nandi-Ndaitwah and senior government officials attending the ceremony.

Speaking at the launch, President of Dangote Group, Alhaji Aliko Dangote said the investment would help reduce the cost of transporting petroleum products to Namibia and eventually contribute to lower fuel prices.

According to Namibian newspaper, The Namibian, Dangote placed the proposed investment at $2.6 billion, equivalent to approximately N$41 billion.

The industrialist explained that the planned pipeline would provide a more efficient means of moving refined petroleum products into Namibia and onward to neighbouring countries.

The project includes a petroleum storage facility with a proposed capacity of at least 1.6 million barrels of petrol and diesel.

The storage facility will also aerve as a distribution point for refined petroleum products, supporting supplies to Namibia and other markets in the Southern African region.

During the unveiling, the proposed regional pipeline was reported to cover approximately 1,700 kilometres, connecting several African countries through a network intended to improve fuel distribution.

The countries identified as potential beneficiaries include South Africa, Botswana, Zambia, Zimbabwe and the Democratic Republic of Congo.

The planned infrastructure is expected to provide an alternative to the transportation of petroleum products over long distances by road, reducing reliance on fuel tankers and improving distribution efficiency.

The project will also include supporting infrastructure for receiving, storing and dispatching petroleum products from the Walvis Bay facility.

Dangote said the development would support the movement of refined fuel from Nigeria to Southern African markets, with Namibia serving as an important distribution point.

The proposed facility and pipeline network are expected to strengthen fuel storage capacity, improve supply reliability and support regional petroleum trade.

The launch brought together government officials, regional leaders and industry stakeholders as Namibia seeks to expand its role in petroleum storage and distribution.