Vitol, Vivo Energy to invest $550mn to boost LPG in Africa

The Vitol group has enabled access to clean cooking for over 10 million households.

Vitol and Vivo Energy have plans to invest over €550 million by 2030 in the infrastructure required to facilitate cleaner cooking solutions in Africa.

This pan-African investment comprises both LPG infrastructure – from marine terminals to the high-quality cylinders required for the safe distribution of LPG – and investment in clean cooking carbon projects.

Hosted by the International Energy Agency, the African Development Bank and the governments of Tanzania and Norway, the summit is convening global leaders to make 2024 a turning point for progress on ensuring clean cooking access for all.

The Vitol group has enabled access to clean cooking for over 10 million households. It includes 2.1 million efficient cookstoves across five sub-Saharan African countries through carbon credit projects and access to clean cooking across 12 countries in Africa through high quality and safe LPG cylinders, leveraging Vivo Energy’s strong presence on the ground in Africa.