Refining projects jump-start as African demand for products surges

Issue 508 - 25 Jun 2024 - By Marc Howard | 7 minute read

Although unfashionable, refineries are likely to prove increasingly important to Africa’s energy security, with investors backing new downstream projects in Nigeria, Angola, Uganda and South Africa. These are expected to narrow the refined products trade imbalance in sub-Saharan Africa, where backers also highlight the role of ‘transition fuels’ such as LPG, write Marc Howard and Tonderayi Mukeredzi.

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