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Originally published by The Standard Business
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July 19, 2026
23h ago

Lamu refinery to plug into Africa's 86 million tonnes fuel import gap

Lamu refinery to plug into Africa's 86 million tonnes fuel import gap

A planned Sh2.2 trillion refinery in Lamu is expected to strengthen Africa's fuel security by reducing the continent's growing dependence on imported petroleum products...

✨ Key Highlights

A planned refinery in Lamu is poised to address a significant projected fuel import gap across the African continent. New analysis indicates a substantial rise in demand for refined petroleum products by 2040.

  • By 2040, Africa is projected to face an annual shortage of 86 million tonnes of petroleum products.
  • The report was published by the Africa Finance Corporation (AFC).
  • This shortfall represents a 56 per cent increase in demand for refined fuels.

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