Data from the specialized American site, Business Insider, reveals that the oil reserves of the 10 African countries with the largest oil reserves are estimated at 122.5 billion barrels.

The oil reserves of the 10 largest oil-producing countries on the African continent are around 10% of world reserves. However, Africa's potential is far from being explored, as evidenced by the numerous oil and gas discoveries of recent years. According to the data, it is Libya which has, by far, the first oil reserves with an estimate of 48.4 billion barrels. It is followed by Nigeria with reserves estimated at 36.9 billion barrels of oil. Algeria, Angola and Sudan follow well behind with 12.2 billion, 7.8 billion and 5 billion barrels of oil reserves respectively. This African top 10 is completed by Egypt (3.3 billion barrels), Congo Brazzaville (2.9 billion barrels), Uganda (2.5 billion barrels), Gabon (2 billion barrels ) and Chad (1.5 billion barrels).