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Africa's Oil Producers Eye Energy Independence After COVID-19

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"If you look at the big African producers like Nigeria, you are seeing a huge loss and contracts being put on hold across the continent," explains Rogo, whose company released a report calling for action to shield producers from Covid-19 and the oil price war.

But while some market experts may be rejoicing, others are saying it is time for African governments to look beyond oil to renewables.

Lights on

Awash with water, sun and wind, the African continent has "more resources than it even needs," says Eddy Njoroge, former Director of KenGen, Kenya's largest energy company, and in charge of overseeing its renewable transition.

African countries are increasingly turning to solar photovoltaic technology to bolster energy supply in a continent where some 620 million people, mostly in villages and farms, still live without electricity, according to the Africa Progress Panel.

While climate change may not be the immediate priority for African governments recovering from disruptions to the oil market, experts agree that energy independence post-Covid should be top of the agenda.

Source: allAfrica.com

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