PUBLICATION

Global Business Reports

AUTHORS

Margarita Todorova, Micah Lanez, Eneko Johnson

Africa Energy 2024 - Pre-release

June 20, 2024

The first half of 2024 has been eventful for Africa’s energy sector with the launch of a new African Energy Bank in Brazzaville, Angola’s departure from OPEC, and the commissioning of the Dangote refinery in Nigeria, the seventh largest refinery in the world. This all comes at a time of great geopolitical turmoil, with a series of coups in West Africa and growing political and financial pressure to abandon fossil fuels. Africa’s energy landscape is complex and ever-changing, but amidst the clamor, its energy leaders continue to capitalize on their hydrocarbon, solar and wind resources, all while industrializing and bringing energy security to millions across the continent.

This pre-release edition of Africa Energy 2024 comprises analysis based on over 80 interviews with ministers and leading executives from IOCs, NOCs, independents, associations, investors and service providers, to provide an in-depth and holistic view of sub-Saharan Africa’s ever-evolving energy sector.

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