Research Briefing | Apr 7, 2022
Filling the void – Africa’s role in European energy security
As Western Europe accelerates a structural transition away from Russian energy dependence, Africa will play a salient role in filling this void.
What you will learn:
- Europe’s diversification away from Russian oil and gas opens the door for untapped and underdeveloped hydrocarbon resources in Africa to plug this gap.
- Efforts to accelerate the green transition due to Europe’s evident energy insecurity will also see an increase in demand for Africa’s ‘green minerals’.
- While the development of African assets in the hydrocarbons and renewable energies sectors looks more attractive now than a year ago, governments will still need to safeguard a stable operational environment to attract the long-term investments needed.
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