politics · Erongo
Dangote’s deals test Namibia’s local ownership policy
Namibia has attracted a historic N$41 billion (US$2.5 billion) investment from Nigerian industrialist Aliko Dangote. The project will establish a major fuel storage facility and regional pipeline network at Walvis Bay.
Windhoek Observer12 Nov 2026, 03:51 am
As Parliament debates the new Investment Bill, Dangote’s investments in Kenya and Ethiopia raise questions about local ownership, investor certainty and Namibia’s returns from foreign capital.
Originally published by Windhoek Observer on 12 Nov 2026, 03:51 am. View original article