Billionaire industrialist Dangote launches $2.5 billion Namibia fuel storage project

WALVIS BAY, Namibia: Nigerian billionaire Aliko Dangote launched a $2.5 billion fuel storage and regional pipeline project in Namibia’s Walvis Bay on Wednesday that could reshape the fuel supply architecture in Southern Africa. The project is one of a slew of energy ventures championed by Dangote, Africa’s richest man, as he expands his sprawling business empire on a continent heavily...