Iran, Nigeria, and Africa’s oil dependency

In March 2026, Africa Now published an article examining the potential for Africa to reduce its dependency on foreign energy sources. The discussion centers around the disruption of the global oil supply due to the war on Iran. Experts Rolake Akinkugbe-Filani of EnergyInc Advisors and Cheta Nwanze of SBM Intelligence analyze whether this disruption could be the catalyst for Africa to transition away from reliance on foreign energy. The article focuses on the specific cases of Iran and Nigeria, exploring the broader implications for the African continent's energy future. The analysis considers the opportunities presented by the global oil supply challenges.