Zambia is exploring a strategic partnership with Dangote Refinery to purchase affordable refined petroleum products and diversify its sources of refined products.
This initiative aims to address rising fuel prices and enhance energy security.
According to media reports, Zambia currently relies on private-sector petroleum imports and faces increasing fuel prices.
The Dangote Refinery is the largest in Africa, with a production capacity of 650,000 barrels per day.
It is designed to meet Nigeria’s energy needs while also serving the broader African continent.
Zambia’s Energy Minister, Makozo Chikote, has engaged in high-level discussions with Dangote Petroleum Refinery to explore potential cooperation.
The discussions focus on ensuring fuel security, competitive pricing, and supply stability.
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A partnership with Dangote could result in efficient, reliable, and competitively priced fuel products for Zambia
The Zambian Government is actively seeking Dangote’s investment in the country’s energy sector, and is exploring various opportunities for collaboration.
Zambia aims to become a regional energy hub to promote economic growth and industrialization.
The partnership with Dangote aligns with this vision
Dangote highlights the refinery’s role in supporting the African Continental Free Trade Area agreement and in serving the African continent.