Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt

Zambia has signed a landmark agreement to build a $1.1 billion crude oil refinery and energy complex in Ndola, marking a significant step toward energy self-sufficiency.

Announced Monday, the project will process around 60,000 barrels of crude oil per day — enough to meet the country’s entire current fuel demand and potentially supply neighboring nations in the future.

The refinery, to be located in Zambia’s Copperbelt province, is…