Dangote Breaks Ground on $2.5 Billion Namibia Fuel Hub for Southern Africa ...Middle East

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Dangote Breaks Ground on $2.5 Billion Namibia Fuel Hub for Southern Africa
source : OILPRICE ( Middle East ) () 54
Aliko Dangote, Africa’s richest person whose Dangote Group operates the biggest refinery on the continent, on Wednesday broke ground for a planned fuel storage site in Namibia, which will serve as a fuel distribution hub in southern Africa. “We want to heavily invest so that most of the landlocked countries will be able to access petroleum products at a cheaper price,” Dangote said at a groundbreaking event on Wednesday. The project, expected to cost $2.5 billion, includes a fuel depot outside the main port of Walvis Bay in Namibia…

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