- The OPEC-Africa Roundtable will highlight Africa’s role in building a secure and sustainable energy future.
- It aims to boost investment, expand refining capacity, and grow industries across the continent.
At African Energy Week (AEW) 2025 in Cape Town, ministers, policymakers, and industry leaders will join OPEC to discuss Africa’s energy future. Africa holds 7.8% of global oil reserves and produces 8% of daily output, making it vital for OPEC’s strategy and global energy security.
OPEC Secretary General Haitham Al Ghais will join ministers from Nigeria, Congo, Equatorial Guinea, Gabon, and South Africa. NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), will moderate. They will discuss how Africa’s 120 billion barrels of oil and 620 trillion cubic feet of gas can attract investors, create jobs, and boost energy access.
The talks will align African policies with OPEC’s 2025 vision. Producers are urged to collaborate, secure funding, and upgrade infrastructure. These steps will expand refining, strengthen trade, and add natural gas to power and industry.
OPEC’s 2025 World Oil Outlook projects crude demand in Africa to rise from 1.8 million barrels per day in 2024 to 4.5 million by 2050. Population growth and industrialisation will drive this increase. With the right conditions, investments could top $1.4 trillion, lifting regional economies.
“The OPEC-Africa Roundtable puts Africa’s priorities at the centre of global energy talks,” said Ayuk. AEW remains the top platform for deals, partnerships, and policy dialogue. The roundtable reaffirms Africa’s commitment to innovation, capital, and inclusive growth.