The African continent is the world’s second-largest continent with its surface area covering 20.4% of the Earth’s total land area. The continent of Africa is rich in resources and mineral deposits chief among these being petroleum. According to Investopedia, five African countries are on the list of the top 30 oil producing countries in the world. In 2014, the African continent produced more than 8.7 billion barrels per day and oil production makes up a significant portion of the countries’ GDP. Here are the top 10 oil producing countries on the African continent.
Number of barrels per day: 20,000
Classified by the World Bank as an upper-middle-income country, South Africa is just in its infancy stage of oil production. South Africa began exploring for oil around 1913 and production began in 1997. The country requires about 20,000 barrels per day but the level of production is not able to meet these needs. As a result, South Africa supplements its oil requirement by importing from other oil producing countries. However, explorations are still taking place to discover oil wells to boost the daily production of oil.