Namibia and Botswana Join Forces to Build $4 billion Oil Refinery, Set to Power Southern Africa

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In a historic collaboration, Namibia and Botswana have announced plans to build a $4 billion joint oil refinery aimed at boosting energy security and reducing dependence on fuel imports across Southern Africa.

The refinery, which will be strategically located near Walvis Bay in Namibia and Ghanzi in Botswana, is expected to process between 60,000 and 100,000 barrels of crude oil per day.

Once operational, the facility will produce key fuels including petrol, diesel, kerosene, and jet fuel, significantly cutting down the region’s reliance on international suppliers.

Beyond Namibia and Botswana, the refinery is also set to supply fuel to neighboring countries such as Zimbabwe, Zambia, and the Democratic Republic of Congo (DRC) — a move analysts believe could transform regional trade and industrial growth.

Energy experts say the project is not only a major milestone in Southern Africa’s energy independence but also a potential game-changer for economic development, job creation, and cross-border cooperation.

Construction details and timelines are expected to be revealed in the coming months as both governments finalize agreements with international partners and investors.

This ambitious refinery project underscores Southern Africa’s push toward energy sovereignty at a time when global oil markets remain volatile.