News Infrastructures

Africa Global Logistics injects $43 million to anchor Namibia’s emerging oil economy

Africa Global Logistics injects $43 million to anchor Namibia’s emerging oil economy
Tuesday, 25 November 2025 10:31
  • Africa Global Logistics has invested N$794 million ($43.12 million) to expand logistics platforms in Namibia.
  • Staff numbers grew from 8 to over 100 in 18 months as AGL positions itself for oil development in the Orange Basin.
  • The company is strengthening local content through university partnerships and training programs.

French-based group Africa Global Logistics (AGL) has committed N$794 million ($43.12 million) to Namibia’s logistics sector as the country advances towards first oil production in the offshore Orange Basin. Speaking at the Wider African Energy Summit in Aberdeen, AGL Oil and Gas Director Thomas Bonnetain said the investment is part of the company’s long-term plan to support international operators entering Namibia’s rapidly expanding petroleum market.

Bonnetain noted that AGL’s footprint in the country has accelerated sharply, with its workforce rising from eight to more than 100 employees over the past 18 months. He said this expansion aligns with Namibia’s broader goals to deepen local participation across the energy value chain. “We have invested €40 million to build logistics platforms in a country where we have been operating for 25 years,” he said.

The company has also signed an agreement with a Windhoek-based university to build a talent pipeline and ensure Namibians are trained for upcoming opportunities in oil and gas logistics. According to Bonnetain, all contracts under AGL’s Namibian operations are handled by local stakeholders, with the company employing and training local staff in line with its regional strategy. He cited AGL’s fully integrated logistics support for Shell’s operations in Gabon, which generated 220 jobs in Port Gentil, as an example of the model Namibia can expect.

Industry stakeholders at the summit stressed that local content can only be effective if policies are realistic and aligned with existing capacity. Colibri Business Development CEO Ileana Ferber warned that emerging oil producers must calibrate targets to match current supplier capabilities and the readiness of educational institutions. “It’s important for policies to have targets set on realistic expectations,” she said, adding that Africa must view local content as “a journey, not an overnight process.”

AGL, formerly known as Bolloré Africa Logistics, which was acquired by MSC Group at the end of 2022, is one of Africa’s largest multimodal logistics operators, employing 23,000 people across 50 countries. Its investment in Namibia comes as the country positions itself as a future oil and gas hub, with logistics infrastructure expected to play a defining role in supporting exploration, early production, and eventual crude exports.

By Cynthia Ebot Takang

On the same topic
Durban plans $112 million superyacht hub to attract luxury visitors Project aims to boost tourism and local economic activity Strategy...
Egypt inaugurates a 56.5 km monorail connecting Cairo to the new administrative capital. The project involves Alstom, Orascom Construction, and...
Burkina Faso ratified a $80.3 million loan from the African Development Bank to modernize transport infrastructure. The project targets road...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
03

MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....

MTN Zambia Links Mobile Money to Bank POS in New Partnership
04

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
05

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.