play Live Sign upShow navigation menuplay Live Click here to searchsearchSign upplay videoplay videoVideo Duration 02 minutes 08 seconds play-arrow02:08Counting the CostCan Africa tackle the oil shock from the Iran war?African nations are scrambling to secure oil and gas as the Iran war disrupts supplies from the Middle East.
The war in Iran has created an energy shock in Africa.
The continent relies heavily on oil and gas imports from the Middle East.
Much of this supply is currently stuck on tankers near the Strait of Hormuz, which is closed.
Countries including Kenya, Ethiopia and Zambia are reporting shortages.
Africa’s largest oil refinery in Nigeria is pumping out crude at maximum capacity, but that’s nowhere near enough to meet the continent’s needs.
In addition, Africa’s energy infrastructure has suffered from years of underinvestment.
So, what choices do governments have to contain the crisis?