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African Energy Chamber calls for more US-Africa energy investments
May 13, 2021
Source: world oil

African Energy Chamber calls for more US-Africa energy investments

Following President Biden's Interim National Security Strategic Guidance signaling for continued growth in partnerships with African economies, the African Energy Chamber (AEC) believes it is vital to engage U.S. companies and investors to counter the often-wrong preconceptions about investing in the continent, as Africa has some of the fastest-growing economies globally and possesses significant investment and development opportunities for U.S. firms. Majors like Chevron, ExxonMobil, and Kosmos Energy making significant discoveries and operating in multiple countries like Angola, Mozambique, Nigeria, Equatorial Guinea, Senegal, Ghana, and others.

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