A new N$200 million port terminal, owned by African Global Logistics (AGL), was commissioned at the Walvis Bay Multipurpose Terminal. AGL has collaborated with the Namibian Ports Authority (NAMPORT) to enhance operations at the port.

The terminal is designed to increase the capacity of the Walvis Bay harbour for handling bulk and break-bulk cargo while supporting Namibia's goal of becoming a logistics hub.

"WMT and AGL are working together with our partners – NAMPORT, NAMRA, various subcontractors, the Walvis Bay Corridor Group, and various ministries – to increase efficiency and the capacity of cargo movement through our port. We have spoken about our target of 1 million tonnes of cargo for the year 2027, which we believe is totally achievable, and we are very excited. These facilities will be able to facilitate that process for us," said Shaun Holmes, CEO of Walvis Bay Multipurpose Terminal.

According to AGL MD Ben Stenning, the Walvis Bay Multipurpose Terminal presents an opportunity for an alternative trade corridor in southern Africa with the potential to improve connectivity to global markets.

"A very credible alternative corridor and gateway to the traditional corridors that exist in the region, and with improved—and constantly improving—global connectivity, much more competitive freight rates that we see now with the more regular vessels coming through TIN, driving the freight rates down and creating a much more connected global environment from the port of Walvis Bay."

The Namport Chief Executive Officer, Andrew Kanime, commended AGL for opening the new terminal through a public-private partnership initiative.

"For us, this is simply a stepping stone towards an industrial future. As our partnership with AGL grows, we expect this site to evolve from a mere logistics facility into a vibrant industrial centre—a place where goods are not only stored but also assembled, processed, and distributed, allowing us to add value every step of the way. This is really at the centre of our new strategy that we have just drafted."

Apart from investing in the terminal at the harbour, AGL has also started constructing two oil and gas bases at Walvis Bay and Lüderitz.