The Future Powered by Africa

Africa has huge potential to become a major energy supplier for Europe and the world, thanks to its abundant gas, oil and renewables. Europe needs cleaner and more diverse energy sources to cut emissions and reduce dependence on Russian gas. Africa could export Liquified Natural Gas (LNG) from new projects and green hydrogen, a clean fuel made from renewable electricity. Africa also has vast solar, wind and hydropower potential, which could be exported using new technologies. Africa’s energy boom faces challenges, such as security risks, political instability, corruption and poor governance, as well as centuries of its wealth being stolen, which has prevented sufficient development. All of this could deter investors and delay projects. African governments need to invest the energy revenues into infrastructure, education and health for the people’s benefit. Africa has a brief window of opportunity to seize its energy potential and become a key partner for Europe and the world. This century could be and should be our century.

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