Europe’s energy demand boosts Africa’s importance

Ongoing geopolitical tensions and conflicts – such as the war between Ukraine and Russia, and trade tensions between China and the US – are increasing the trend of European countries investing in countries on the African continent for new and/or replacement energy sources, but also manufacturing facilities in different sectors, says logistics company DHL Global Forwarding Middle East and Africa CEO Amadou Diallo. Consequently, there will be new opportunities for DHL in the Middle Eastern and African market, as for example, Europe aims to retract from using Russian energy, supply such as gas, and explore new sources of, or locations for, energy.