Hormuz chokepoint: Are record oil prices good for Africa?

The strategic response for Africa lies not in reacting to individual crises but in reducing its overall dependence on them

US and Israeli strikes on Iran and the blockade of the Strait of Hormuz have implications for Africa that extend far beyond politics in the Middle East. This external shock has once again demonstrated Africa’s structural dependence on global commodity markets.

The problem isn’t just that African countries are...