Hormuz Shock Exposes Africa's Opportunity and Vulnerability

Hormuz Shock Exposes Africa's Opportunity and Vulnerability

The Hormuz shock has exposed Africa's opportunity to profit economically and geopolitically from boosting energy exports, but structural weaknesses may prevent windfall gains. Africa's potential is constrained by a lack of infrastructure and investment. The construction of the Maghreb-Europe Gas Pipeline in Algeria in 1995 highlights the need for increased African capacity to meet European energy demands.