Numerous countries in Africa have distinguished themselves as top oil producing countries, thanks to their abundant mineral resources, agricultural potential, and developing industries.
These powerful countries are essential to improving Africa’s economic prospects and promoting regional and continental growth.
However, concerns like inequality, inadequate infrastructure, and poor governance continue and need to be addressed with focus.
Despite these disparities, Africa continues to supply the world with its fair share of resources, including petroleum products.
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The Top Oil-Producing Countries in Africa
Several of the world’s top oil producing countries are located in Africa. Nigeria, Angola, Algeria, Egypt, and Libya are among the continent’s largest oil producers.
These countries have large oil deposits, which have drawn attention from and investments from throughout the world. Their GDPs and export earnings are strongly impacted by the oil industry.
Other African nations that also generate a sizable amount of oil can be found among these dominating oil giants. The top ten oil producing countries in Africa are shown below.
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The data platform Trading Economics, which provides its users with accurate information for 196 countries, including historical data and predictions for more than 20 million economic indicators, currency exchange rates, stock market indexes, government bond yields, and commodity prices, is the source of the list below.
Additionally, this list includes statistics on oil production from as far back as April 2023, taking into account countries having dated data, but the list’s primary focus is on May, June, and July’s oil output.
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The data is displayed as BBL/D/1K, or barrels per day.
| Rank | Country | Oil-production figures (BBL/D/1K) | Month |
|---|---|---|---|
| 1. | Libya | 1173 | July |
| 2. | Angola | 1149 | July |
| 3. | Nigeria | 1081 | July |
| 4. | Algeria | 955 | July |
| 5. | Egypt | 565 | May |
| 6. | Republic of the Congo | 282 | July |
| 7. | Gabon | 193 | July |
| 8. | Sudan | 187 | April |
| 9. | Ghana | 175 | April |
| 10. | Chad | 88 | April |
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