AGP Executive Report
Last update: 9 hours agoEnergy Investment: Namibia has launched Dangote’s $2.5 billion Walvis Bay fuel project, featuring a planned 600-million-litre tank farm and 1,700km regional pipeline. Construction is expected to take 18–20 months, positioning the port as a fuel hub for Southern Africa. Investment Climate: President Netumbo Nandi-Ndaitwah has put the project under her office after red tape threatened to derail it. Separately, about N$15 billion in projects and 22,000 potential jobs are reportedly held up by administrative and regulatory delays. Financial Stability: The central bank and NAMFISA warn that risks are tilted downward, citing climate threats, foot-and-mouth disease, cyber risks and government debt. Still, retirement fund assets reached N$319 billion, while banks’ liquidity strengthened. Agriculture: FMD restrictions are disrupting livestock trade and exports; businesses and farmers have pledged more than N$3 million to support the response. Public Enterprises: Namibia Airports Company declared its first dividend in 20 years, paying N$7.7 million to government.
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