How the world's climate promises became a new way to keep Africa poor

 

"[The world] today says ... 'Net Zero by 2050. ... 

"Banks sign net-zero pledges and quietly stop funding energy projects in Africa (while continuing to fund the exact same projects in America, Canada, and Norway). The African Energy Chamber has a term for this: financial apartheid.

"Meanwhile, NGOs run campaigns ... to pressure Western financiers out of ... a project Uganda and Tanzania are building to export their own oil. The European Parliament actually passed a resolution against it in September 2022. ... And every quarter, investors publish sustainability reports full of net-zero targets that have almost nothing to do with whether anyone in sub-Saharan Africa can turn on a light. 

"Africa is responsible for about 4% of global CO₂ emissions. Four percent. No serious calculation says that cutting off financing to the continent that contributes the least will change the trajectory of the climate. ...

"Back home, 600 million people on my continent don’t have electricity.

"The WHO estimates that cooking with wood and charcoal kills around 800,000 people a year in Africa from the smoke alone, most of them women and children. 

"The solution is LPG, which comes from natural gas, but building the gas infrastructure to distribute it gets caught in the same net-zero 'logic' that chokes everything else.

"Nigeria sits on some of the largest natural gas reserves in the world yet its power grid collapsed again in February 2026. At Aminu Kano Teaching Hospital in 2025, three ICU patients died during a blackout because the hospital had gone days without power. Twenty-six percent of health facilities across sub-Saharan Africa have no electricity at all. And the people signing those net-zero pledges in London and New York will never know their names.

"No single bank executive decided to keep Africans in the dark. But the world's net-zero pledges created a structure where not funding African fossil fuels became the easy, compliant thing to do, and funding them became a career risk. ...

"I grew up in Senegal, and I remember my grandmother cooking over fire because there was nothing else when the power went out. Cutting off Africa’s energy doesn’t save the planet. It just guarantees that the next generation grows up the same way mine did.

"That’s what I’m working to change through Prosperity Not Poverty — because African nations have the right to use their own resources to build their own futures."

~ Magatte Wade from her post 'The Lie Keeping Africa in the Dark'