War dividends: How Africa’s ports and skies are cashing in on the collapse of Middle East trade routes
WHEN US and Israeli warplanes struck Iranian military and nuclear installations on 28 February 2026 — killing Supreme Leader Ali Khamenei and triggering a cascade of Iranian missile and drone retaliation across the Gulf — the immediate read was one of pure catastrophe for global commerce. The world's most critical oil transit corridor, the Strait of Hormuz, through which roughly 20 percent of the world's daily petroleum supply normally flows, was effectively shut down. The world's busiest aviation interchange — the triangle of Dubai, Doha, and Abu Dhabi — went dark. Insurance underwriters refused coverage for Hormuz transits. Freight surcharges…
