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Africa’s richest man launches mega oil tank farm in Namibia

Africa’s richest man launches mega oil tank farm in Namibia

Summary

Nigerian billionaire Aliko Dangote launched a fuel storage facility in Walvis Bay, Namibia. The article describes the $2.5 billion tank farm as a project intended to help secure Southern Africa’s fuel supply and as Dangote’s latest petrochemical venture on the continent.

Key Facts

  • The facility is in Walvis Bay, Namibia.
  • The article gives the tank farm’s cost as $2.5 billion.
  • Aliko Dangote launched the facility.
  • The project is intended to support Southern Africa’s fuel supply.
  • The article describes the tank farm as Dangote’s latest petro-venture in Africa.
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