Apache Corporation

Sinopec Reports $5.7B Africa Investment Across 16 Countries

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Sinopec Reports $5.7B Africa Investment Across 16 Countries

CAIRO – October 29, 2026 -- Sinopec invested more than US$5.7 billion in 33 projects across 16 African countries between 2021 and 2025, according to its Sustainability Report in Africa (2021-2025), released in Cairo on October 25.

Total tax payments and social responsibility contributions over the period exceeded US$4 billion. Sinopec's African operations directly created 16,000 local jobs in 2025. The company also introduced WE17, its global sustainability communication brand.