Africa’s natural resources have long been a cornerstone of the global oil market reported by the Organisation of the Petroleum Exporting Countries OPEC. With vast reserves spanning deserts, river basins, and offshore fields, the continent’s oil production fuels economies both locally and globally.
In January 2025, African oil producers once again demonstrated their significance, despite facing challenges such as fluctuating global prices, political instability, and evolving energy demands.
The dynamics of Africa’s oil production are essential—not just for grasping the continent’s economic contributions but also for appreciating the complexities of its energy landscape. From powerhouse producers like Nigeria and Libya to smaller yet steady players like Gabon, each country tells a unique story of resilience, adaptation, and ambition in the face of global energy transitions.
According to the OPEC report, these are the Top 5 African countries that produced the most oil in January 2025
1. Nigeria
Nigeria held its position as Africa’s largest oil producer, with an impressive output of 1,495 barrels of crude oil per day in January 2025. While this marked a slight drop of 29 barrels compared to previous months, the country continues to dominate the continent’s oil landscape. Nigeria’s oil sector remains integral to its economy, despite an increasing shift toward non-oil sectors. With the Dangote Refinery reaching full capacity, the country is set to stabilise petroleum supplies and potentially ease fuel prices. Economic growth, recorded at 3.5% year-on-year in 3Q24, underscores Nigeria’s resilience amidst challenges like inflation, which stood at 34.9% in December 2024.
2. Libya
Libya secured the second spot, producing 1,277 barrels of crude oil daily in January 2025. Despite a reduction of 17 barrels compared to earlier figures, Libya remains a pivotal player, leveraging its vast reserves in the Sirte Basin. Political stability will be key to sustaining and potentially expanding its production capacity. The country continues to be a crucial energy supplier in the Mediterranean region and beyond.
3. Algeria
With a daily production of 895 barrels of crude oil, Algeria claimed the third spot in January 2025. Though it saw a minor decline of -8 barrels compared to production in December 2024, Algeria remains a major energy powerhouse in North Africa. Its production is anchored by the Hassi Messaoud oilfields, which have long been central to the country’s energy sector. Algeria’s strategic geographical position and robust energy infrastructure ensure its ongoing relevance in international energy markets.
4. Republic of Congo
The Republic of Congo saw a slight increase in production, reaching 260 barrels of crude oil per day in January 2025. This modest growth highlights the country’s dedication to enhancing its energy sector may be because of its investments and partnerships. As one of Central Africa’s key oil producers, Congo’s steady output reinforces its commitment to maintaining its role in Africa’s oil industry.
5. Gabon
Gabon completed the list with a daily production of 236 barrels of crude oil, marking a minor increase of 1 barrel compared to previous months. As one of Africa’s smaller producers, Gabon continues to leverage its reserves to maintain steady output. Its consistent performance reflects the strategic management of its energy resources and highlights its importance in the regional oil landscape.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp