French-based group Africa Global Logistics has committed approximately $43.12 million to Namibia’s logistics sector as the country advances towards first oil production in the offshore Orange Basin, signaling strong international confidence in the nation’s petroleum prospects.
AGL Oil and Gas Director Thomas Bonnetain revealed that the investment is part of the company’s long-term plan to support international operators entering Namibia’s rapidly expanding petroleum market. The company’s footprint in the country has accelerated sharply, with its workforce rising from eight to more than 100 employees over the past 18 months.
Bonnetain noted that this expansion aligns with Namibia’s broader goals to deepen local participation across the energy value chain. The company has invested to build logistics platforms in a country where it has been operating for 25 years.
AGL 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. The company, formerly known as Bolloré Africa Logistics and 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.
The investment comes as Namibia 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.
Source: namibiaoilandgas.com