New report questions Africa’s oil and gas promise

New report questions Africa’s oil and gas promise

Fossil fuels have enriched a wealthy few, undermined economic development and left African economies exposed to external shocks, a new report published May 8 in Nairobi, Kenya, argues. Examining 13 oil- and gas-producing African nations, the report concludes that decades of extraction have yielded little benefit for ordinary Africans. “Oil and gas have not and will not deliver development for Africa,” Thuli Makama, Africa director at Oil Change …