• TiN secures N$2.1 billion to expand Walvis Bay container terminal
• Project aims to position Namibia as an alternative to South African ports
• Windhoek invests in rail, road links to boost regional trade corridors

Standard Bank Namibia and RMB Namibia have partnered with Terminal Investment Namibia (TiN) to raise N$2.1 billion (about $123 million) in external financing. The funds will support an investment program at the Port of Walvis Bay, local media reported.

The funding will be used to modernize and expand the container terminal and improve operational efficiency, with the aim of strengthening Namibia’s role as a strategic gateway for Southern Africa.

The financing follows TiN receiving a 25-year concession to operate and maintain the terminal. The investment supports Namibia’s effort to position itself as a reliable alternative to South African port facilities, which have struggled with congestion, higher logistics costs, and labor disputes.

Much of the foreign trade for landlocked SADC countries, such as Zambia, Botswana and Zimbabwe, still moves through South African ports, especially Durban. But recurring delays and operational problems are pushing these countries to seek more dependable logistical corridors.

To support this strategy, Windhoek is also investing in road and rail infrastructure. The Trans-Kalahari railway project, which would link Namibia and Botswana, is part of this push, and Namibia has announced similar plans with Zambia.

If carried out, these initiatives could reshape regional logistics and reinforce Namibia’s importance in intra-African trade and international supply chains.

Henoc Dossa