Africa Moves to Unlock 200bn Refining Capacity
Africa is set to add 1.2 million barrels per day bpd of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil Outlook.
This medium-term growth - led by landmark projects in Nigeria, Angola and Uganda - signals a turning point for the continent's energy sovereignty and investment attractiveness.