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.

Sinopec cuts flaring by more than 60% at its Egyptian project with Apache

The report covers oil and gas exploration, engineering services, refining, energy trade and renewable energy. At the Sinopec-Apache project in Egypt, gas flaring fell by more than 60% by the end of 2025 through energy efficiency and gas recovery measures. Sinopec is also studying wind and solar power for oilfield operations in Egypt's Western Desert through its partnership with Apache Corporation.

In Angola, Sinopec participates in five offshore exploration and development blocks. It also maintains long-term energy cooperation with Algeria.

Ethiopian wind project meets about 20% of the capital's power demand

Sinopec's Adama Wind Power Project in Ethiopia supplies roughly 20% of the capital's electricity demand. A geothermal pipeline project supports clean power generation in Kenya. In Uganda, ultra-low-noise intelligent drilling rigs have reduced carbon emissions by more than 90% compared with conventional rigs. In Angola, Sinopec planted over 7,000 mangroves.

Egypt schools program reaches 201 girls' schools and 15,000 students

In Egypt, Sinopec's education-assistance initiative has supported construction of 201 girls' schools serving more than 15,000 students. Across Africa, the company has helped build more than 70 water supply plants and install over 4,300 kilometers of water pipelines. A welding training initiative in Uganda has given 60 local workers internationally recognized certifications.

The "Silk Road Book House - China Bookshelf" initiative operates in Egypt, Algeria and Cameroon.

Sinopec ties WE17 brand to the UN's 17 Sustainable Development Goals

WE17 carries the slogan "Together for Better" and is aligned with the United Nations' 17 Sustainable Development Goals. It is built on three themes: Clean (environmental responsibility), Care (community well-being) and Culture (cross-cultural exchange).

Wei Dong, Managing Director of Sinopec Africa Office, presented the report. He said the company will use its integrated industrial capabilities, increase investment in quality resources and balance economic performance with ecological protection and community well-being. Zhao Liuqing, Minister Counselor for Economic and Commercial Affairs at the Chinese Embassy in Egypt, noted that 2026 marks the 70th anniversary of diplomatic relations between China and Egypt, and between China and African countries. Magdy Amer, board member of the Egypt-China Friendship Association and former Egyptian ambassador to China, also spoke.

About 100 representatives from government, business, academia and the media attended.

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