FEATURE : ENERGY have to be repaid , which will increase the debt loads of countries that are already facing financial strain .
It is time for Africa to create its own market-oriented solutions , and that it already has the foundations to start doing so . One of these solutions is for African countries that possess crude oil , natural gas , and other hydrocarbons to develop their resources to the greatest extent possible and use the revenues they receive to help cover the cost of the energy transition .
Minimise emissions
It is possible to reduce the carbon emissions intensity of oil and gas development , as Eni is doing offshore Côte d ’ Ivoire . The Italian major started production at Baleine , which is Africa ’ s first Scope-1 and -2 emissions-free project , in August of this year . Its example can and should be emulated .
Gas , power development
NJ Ayuk , Executive Chairperson , African Energy Chamber
In the process , they should also seek to meet several other complementary goals :
African states that possess natural gas should seek to promote the formation of domestic gas markets and
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