Africa's Energy Demand Expected to Soar by 2050: OPEC Chief

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Africa's Energy Demand Expected to Soar by 2050: OPEC Chief

Driven by population growth and accelerating economic development, the continent's energy consumption is projected to rise from 17.5 million barrels of oil equivalent per day in 2025 to 29.3 million by 2050, Haitham Al Ghais said during African Energy Week in Cape Town.

Two key challenges for Africa's energy future:

Energy investment: Securing sufficient funding to meet growing demand and support economic development.

Energy poverty: Expanding access to reliable and affordable energy across the continent.

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