Africa-Press – Namibia. NAMIBIA will play a central role in a major regional investment initiative following a historic partnership between Zimbabwe and the Dangote Group, led by Nigerian billionaire Aliko Dangote. The collaboration aims to accelerate industrialisation and economic transformation in southern Africa.
A key component of the deal is a regional oil refinery and pipeline project that will originate from Namibia’s port of Walvis Bay, traversing several SADC countries, including Zimbabwe. The project is designed to enhance regional energy security, reduce import dependency, and support industrial growth across the region.
President Emmerson Mnangagwa of Zimbabwe announced the agreement during a high-level meeting in Harare with Mr Dangote, emphasising that the partnership reflects strong investor confidence in the region. The Dangote Group’s investment will focus on energy, cement, fertiliser, and infrastructure development.
“The pipeline through Walvis Bay will not only benefit Zimbabwe but also serve as a strategic energy corridor for southern Africa, supporting regional integration and economic growth,” President Mnangagwa said.
In the fertiliser sector, the Dangote Group plans to invest in production and processing facilities to support agricultural development, food security, and regional competitiveness. Cement and infrastructure projects under the deal will aid the construction of roads, industrial facilities, and housing, boosting employment and economic development.
Aliko Dangote highlighted Namibia’s strategic role in the project, noting that the country’s Walvis Bay port provides an essential gateway for regional trade and energy distribution. He also commended Zimbabwe’s leadership for creating a stable investment climate.
“This partnership demonstrates the potential of regional collaboration. Namibia’s infrastructure and strategic location are key to unlocking opportunities that benefit multiple economies in southern Africa,” said Mr Dangote.
The agreement aligns with broader regional development goals and underscores the importance of Namibia as a hub for industrial and energy-related investments in southern Africa.
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