“Analysis: Ukraine war rekindles Europe’s demand for African oil and gas”
July 22, 2022
“Europe’s thirst for oil and gas to replace sanctioned Russian supply is reviving interest in African energy projects that were shunned due to costs and climate change concerns, industry executives and African officials said.
Energy firms are considering projects worth a total of $100 billion on the continent, according to Reuters calculations based on public and private company estimates.
African countries that currently have little or no oil and gas output could see billions in energy investments in the coming years, including Namibia, South Africa, Uganda, Kenya, Mozambique and Tanzania…”
https://finance.yahoo.com/news/analysis-ukraine-war-rekindles-europes-050532348.html