African countries have the potential to benefit from Europe’s shift away from Russian hydrocarbons.
This is according to Jacques Nel, head of Africa Macro at Oxford Economics, who said as Western Europe accelerates a structural transition away from Russian mineral dependence, Africa could play a salient role in filling this void...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Africa does not own those hydrocarbon resources in the current colonial setup, it's Anglo-American property.
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