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Nigeria to dominate Africa’s conventional refinery capacity growth through 2030

Rising energy demand and untapped crude reserves likely to drive significant capacity growth in Africa.

GlobalData Energy July 31 2025

Africa is anticipated to be one of the key regions in terms of the global conventional refinery capacity additions, expected to contribute about 23% of the total global capacity additions by 2030. This growth is fueled by rising domestic energy demand, abundant untapped crude oil reserves, and substantial investments in refining infrastructure—particularly in key countries such as Nigeria and Angola.

Nigeria is set to dominate conventional refinery capacity additions in Africa, accounting for nearly 40% of the region’s capacity additions by 2030. This can be attributed to the country’s vast crude oil reserves and strong government initiatives to boost domestic refining. During the outlook period, a total of 39 refineries are expected to come online in the country, of which more than 80% are new-build projects. Of these, the majority are in the pre-construction stages, and only six refineries are currently in the construction stage.

New build projects are set to account for over 90% of the country’s total capacity additions by 2030. Among these, Bayelsa IV and Rivers II are some major refinery projects with substantial capacity additions during the outlook period. Aiteo Eastern E&P Co Ltd is the operator while Aiteo Energy Resources Ltd is the 100% equity owner of both these refineries. Currently in the FEED stages, both projects are expected to commence operations in 2029, each with a capacity of 250,000 barrels per day (bpd). Akwa Ibom III, and Mashi are some other major projects with significant capacity additions during the outlook period.

Angola follows Nigeria in terms of refinery capacity additions, with nearly 815,000bpd of capacity expected to be added by 2030. The country’s refinery landscape is led by new build projects, with four currently under construction. Of these, Lobito is expected to add a significant capacity of 200,000bpd. Refinaria do Lobito SA is the operator, while Sonangol EP holds a 30% equity in the project, which is expected to commence operations in 2027. Soyo, Cabinda Phase I and Namibe Phase I account for the remaining 158,000bpd of capacity during the outlook period.

Conventional refinery capacity additions in Africa by type, 2025–2030

Source: Projects Database, GlobalData Oil and Gas.

Djibouti stands third in terms of refinery capacity additions, with nearly 420,000bpd of capacity expected to be added by 2030. Damerjog II and Damerjog are the only new build projects accounting for the entire capacity in the country.

Further analysis on global conventional refinery projects can be found in GlobalData’s new report, 'Conventional Refinery New Build and Expansion Projects Analysis by Type, Development Stage, Key Countries, Region and Forecasts to 2030.'

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