He made the call in a speech at the AOW – Investing in African Energy conference (https://AOWEnergy.com).
Addressing the proliferation of energy conferences on the continent, Ibrahim reiterated APPO’s commitment to creating a single, impactful annual event that showcases Africa’s achievements in the energy sector.
However, the crux of Ibrahim’s message was a stark warning about the potential impact of the EU’s CBAM on African nations. He urged African representatives attending the upcoming energy conference in Baku to take a strong stance against the planned tax on carbon-intensive imports. “This is the time to sound the alarm,” Ibrahim declared, arguing that the CBAM would stifle Africa’s industrial and economic development.
He emphasised that developed nations, historically responsible for the bulk of global emissions, should focus on addressing their legacy emissions rather than imposing trade barriers on developing countries. Ibrahim called for a moratorium on the CBAM, urging a more equitable approach to the energy transition that recognises Africa’s right to utilise its resources for economic growth. He concluded with a powerful message: “Africa cannot develop without fossil fuels. Africa deserves better.”