Rising gas demand in the EU countries, which have been imposing sanctions on their main provider, Russia, on the back of the Ukraine war, has ... prompted Egypt on the other side of the Mediterranean to boost its LNG exports. Yet, its high domestic consumption and possibly insufficient infrastructure remain stumbling blocks.
Shah is Kenyan and a former CEO of AXA Africa Specialty Risks. His role in Africa-focused reinsurance gives him a unique perspective on energy investment and projects on the continent. He has been seeing an increase in enquires related to solar, wind, geothermal and hydro-electric power projects. Solar is leading the way, with interest spread broadly across the continent.