“Like the rest of the world, Africa must follow energy policies that promote socio-economic development and sustainable hydrocarbon use,” he says. Obasanjo’s call for Africa to assert its energy sovereignty comes ahead of the Africa Oil Week (AOW) conference in South Africa, where energy companies, investors and governments will meet to negotiate deals that will shape the continent’s future. Both Obasanjo and APPO have called for accelerated dialogue on the sustainable development of hydrocarbons, and the role of Africa as a supplier of global energy needs. “There has been much talk at forums such as the World Economic Forum in Davos about a just energy transition,” says Obasanjo. “The energy transition is exactly that, a transition that is part of Africa’s goal to reach net zero.

Source: The North Africa Journal August 12, 2022 08:51 UTC