Africa's Energy Future: From Resource Extraction To Global Leadership

Africa sits at the center of the global energy transition. The question is no longer whether the continent will play a role, but whether it will lead. With abundant resources, a young population, and rising demand for reliable power, Africa has the ingredients to move from a resource supplier to a global energy innovator.

- BY ABOZID SWALEM, EXECUTIVE CHAIRMAN, OLA ENERGY GROUP

As Executive Chairman of OLA Energy, one of Africa's largest indigenous downstream players, I see both the urgency and the opportunity every day. Operating across more than 15 markets, serving millions of Africans, our mission is clear: Africa cannot afford to remain an afterthought in the global energy debate.

Africa's Moment in the Energy Transition

The global energy system is undergoing its most profound transformation in a century. Traditional oil and gas markets are being reshaped by decarbonization, while renewables and clean technologies dominate investor focus.

Africa is uniquely positioned to benefit. The continent holds 40% of the world's renewable energy potential, vast reserves of natural gas, and critical minerals essential for the clean-tech economy. Yet too many of our people still lack reliable electricity. This paradox must end.

At OLA Energy, we believe Africa must shift from being seen only as an exporter of raw materials to becoming a hub of transformation, producing, refining, and innovating energy for its own people and for the world.

From Extraction to Transformation