Nigerian billionaire Aliko Dangote’s refinery is emerging as a critical player in global fuel supply, as African nations and international buyers scramble to secure energy amid disruptions triggered by the Iran war

LAGOS, Nigeria (Running Africa) — According to a Bloomberg report citing a senior company executive, Dangote Petroleum Refinery and Petrochemicals has received a wave of supply inquiries from governments across Africa and beyond. Countries including South Africa, Ghana, and Kenya are among those seeking fuel arrangements amid deepening market uncertainty.

South Africa Eyes Long-Term Fuel Deal with Dangote

Sources familiar with the discussions say South Africa is pursuing a 12-month fuel supply agreement with the Lagos-based refinery, signaling a strategic shift toward regional sourcing.

Other African nations, including Ghana and Kenya, have also initiated talks. However, officials in both countries have downplayed immediate concerns, stating that current reserves are sufficient in the short term.

Africa’s Fuel Import Dependence Under Pressure

The surge in demand underscores a deeper structural issue—Africa’s growing dependence on imported refined fuel.

Declining refining capacity across several countries has left the continent increasingly vulnerable to global supply shocks. Analysts say the Dangote refinery, one of the largest in the world, could help stabilize the market, though its export capacity remains limited.

Roughly 75% of the refinery’s output is earmarked for domestic consumption, with only a fraction available for export, intensifying competition among buyers.

Iran War Disruptions Drive Up Prices and Tighten Supply