New report questions Africa’s oil and gas promise
PolicyFriday, May 8, 2026Mongabay

New report questions Africa’s oil and gas promise

A recent report from Nairobi highlights that Africa's reliance on fossil fuels has largely benefited a small wealthy elite while hindering broader economic development and increasing vulnerability to external economic shocks. The findings raise critical questions about the long-term viability of oil and gas investments in the continent's economic strategy.

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