AGP Executive Report
Last update: 35 minutes agoEnergy Investment: Namibia has launched construction of Dangote’s $2.5 billion Walvis Bay fuel hub, featuring 600 million litres of storage and a planned regional pipeline. The project aims to strengthen fuel security and supply landlocked markets; Dangote also raised his Africa investment target to $60 billion by 2030. Investment Policy: Industries Minister Modestus Amutse tabled a bill to set clearer rules for domestic and foreign investors, with a focus on jobs, skills and local participation. Livestock and Jobs: Foot-and-mouth restrictions could cost Namibia’s beef value chain N$2.4 billion over six months, put 52,000 jobs at risk and threaten N$151 million in livestock sales each week. Public Finance: Government plans to borrow N$4.7 billion from the market over the next three months as its revised budget deficit widens. Mining: Paladin’s Langer Heinrich mine produced one million pounds of uranium in the September quarter, with output affected by planned maintenance; sales reached 1.16 million pounds.
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