Can Africa tackle the oil shock from the Iran war? | Counting the Cost
The war in Iran has created an energy shock in Africa.The continent relies heavily on oil and gas imports from the Middle East.
Much of this supply is currently stuck on tankers near the Strait of Hormuz, which is closed.
Countries including Kenya, Ethiopia and Zambia are reporting shortages.
Africa's largest oil refinery in Nigeria is pumping out crude at maximum capacity, but that's nowhere near enough to meet the continent's needs.
In addition, Africa's energy infrastructure has suffered from years of underinvestment.
So, what choices do governments have to contain the crisis?
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