$4 Billion Namibia-Botswana Refinery Project Aims to Cut Fuel Imports and Strengthen Regional Energy Security
Namibia and Botswana have unveiled a $4 billion refinery project aimed at enhancing energy security and reducing dependence on imported fuel across Southern Africa.
Planned for Walvis Bay in Namibia and Ghanzi in Botswana, the refinery is expected to process 60,000 to 100,000 barrels of crude oil per day.
Once operational, it will supply petrol, diesel, kerosene, and jet fuel, significantly reducing the region’s reliance on foreign markets.
The refinery is also set to export fuel to neighboring countries including Zimbabwe, Zambia, and the Democratic Republic of Congo (DRC).
Experts believe this move could reshape regional trade and stimulate industrial growth across Southern Africa.
Analysts highlight that the project represents a major step toward energy independence while creating opportunities for jobs, investment, and regional cooperation.
Both governments plan to announce construction timelines soon, following agreements with global partners and investors.
The refinery underscores Southern Africa’s push for energy self-reliance, particularly amid ongoing volatility in global oil markets.
