Egypt has begun implementing strict energy-saving measures following a surge in global oil prices triggered by the ongoing conflict involving Iran, Israel and the United States, with ripple effects expected across Africa.
At a high-level meeting in Cairo, Egypt’s Foreign Minister, Badr Abdelatty, and Uganda’s State Minister for Foreign Affairs, Henry Oryem Okello, discussed how escalating geopolitical tensions are driving up energy costs, inflation, and food prices across the continent.
The talks come amid growing concern over the vulnerability of African economies to global shocks, particularly in energy markets. Since late February, oil prices have spiked sharply after military strikes and retaliatory attacks disrupted supply routes, including shipping through the Strait of Hormuz.
Egypt, which relies heavily on imported fuel, is already feeling the strain. The country imports nearly half of its diesel and over a quarter of its gasoline needs, making it particularly exposed to global price fluctuations.
In response, authorities have introduced new nationwide measures, including early closing hours for shops, restaurants, and cafés, in a bid to reduce electricity consumption and ease pressure on the energy sector.
Officials say the steps, though unusual for a country known for its vibrant nightlife, are necessary to manage rising costs and maintain energy stability.
Beyond domestic concerns, the meeting also highlighted broader regional cooperation, with Egypt reaffirming its commitment to supporting water infrastructure projects in Uganda and across the Nile Basin.
Analysts warn that if the conflict persists, African nations could face prolonged economic pressure, with rising fuel costs likely to translate into higher transportation and food prices, further straining households and businesses.
