Africa’s refineries are unable to meet the region’s increasing demand for petroleum products. Investment in this critical sector would reduce dependence on imports, ease the burden on public finances from subsidies, and create new job opportunities. This article examines the current state of African refining and the benefits of increasing capacity through private investment.

Originally published as part of the Centurion Knowledge Series on August 24, 2016

Africa is the continent with the least number of oil refineries in the world, an under-utilized 46, in a highly competitive market where a single country, the United States of America has about 140 refineries. As the…

Adaku Ufere

Feminist | Woman in Energy | Reality TV Enthusiast | Award winning Lawyer | Bibliophile | Liberal...in no particular order

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