Why OPEC’s Door to More African Countries Could Redefine Global Energy Balance
Why OPEC’s Door to More African Countries Could Redefine Global Energy Balance
"There is an accelerating global de-dollarization drive in the world being underpinned by China, Russia and India as well as by the BRICS countries [...] And, of course, the idea is for the BRICS to use their currencies among themselves in transactions in order to reduce, if not to eliminate, the adverse impact of the dollar and the sanctions it brings against countries."
As Africa’s emerging oil producers rise, OPEC’s expansion signals a new phase in global energy politics, one that could redefine investment flows, resource control, and Africa’s influence in global markets.
#GlobalSouthPole speaks with Dr. Mamdouh G. Salameh, an international oil economist and global energy expert, on what Africa’s growing presence in OPEC could mean for market stability, energy sovereignty, and the continent’s development ambitions.
Discover why this expansion matters for Africa’s future, and how OPEC’s evolving alliances are reshaping global energy power.
Listen to the full conversation on:
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