Africa should stop treating energy shocks as surprises
The Strait of Hormuz crisis has exposed African economies' vulnerability to energy shocks, with fuel prices surging and supplies disrupted. African governments are urged to build resilient energy systems by improving efficiency, diversifying sources, and pricing volatility into investments, rather than treating disruptions as emergencies.
Why it matters: This relates to the theme of energy security and economic resilience, highlighting the need for African policymakers to integrate volatility into national planning.