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Originally published by The Standard BusinessJuly 20, 2026
19h ago
Lamu refinery eyes 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 Lamu refinery is poised to address Africa's projected 86 million tonnes annual shortage of refined petroleum products by 2040, according to a new report.
- Africa is expected to face an annual shortage of 86 million tonnes of petroleum products by 2040.
- The Africa Finance Corporation (AFC) published the "State of Africa’s Infrastructure Report" highlighting the growing demand.
- This demand is projected to increase by 56 per cent by 2040, making the Lamu refinery a crucial development.
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