New Report Questions Africa’s Oil and Gas Promise

How oil exploitation failed Africa: No poverty reduction, no economic lift - EnviroNews - latest environment news, climate change, renewable energy

As global energy markets are rocked by conflict and geopolitical instability, a new report by Oil Change International and Power Shift Africa finds that oil and gas production has failed to deliver economic development in Africa’s producing countries and is instead deepening vulnerability, inequality, and dependence. The report, Pipe Dreams, builds on evidence from 13 oil-producing countries in Africa and finds that decades of extraction have fa…

New report questions Africa’s oil and gas promise

David Akana / Mongabay: Sierra Leone Telegraph: 11 May 2026: 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 developm…