Africa’s 1.2M bpd by 2030 could open up $100B oil investments

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 … Continue reading Africa’s 1.2M bpd by 2030 could open up $100B oil investments