EU/AU summit: Another missed opportunity?

The French oil giant made historical profits of $18-billion and seems to be on the right track to increase even more its profit if the current oil and gas boom persists. Through multiple mechanisms of influence and support from, TotalEnergies has successfully expanded its investments and operations in eastern and southern Africa.

French President Emmanuel Macron, who advocates for a green energy transition and implementation of the Paris Agreement, is clearly backing one of the most dangerous fossil fuel deals in the well preserved natural parks and reserves in the Great Lakes region, a controversial project that has led most of the financial institutions to distance themselves from it.

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