As the global energy transition accelerates, oil-producing African economies face a defining question: how can they leverage today’s petroleum wealth to build tomorrow’s low-carbon future?
As demand for minerals essential to the energy transition accelerates, the real question is whether African countries can move beyond extraction and secure a stronger position in the global value chain.
Key insights include:
- Why energy transition is possible for oil-producing economies—but not automatic.
- How continued fossil-fuel expansion can undermine renewable energy growth
- The role of trade openness and foreign investment in accelerating clean energy and industrial transformation.
- Why critical minerals present a strategic opportunity, but raw exports risk reproducing old patterns of dependence.
- How policy continuity and strong institutions determine whether transition gains are sustained.
Download Can Oil-Producing Economies in Africa Transition? Ghana’s Evidence and the Critical Minerals Opportunity to explore practical policy options for turning oil revenues into transition capital and critical minerals into platforms for long-term industrial development.