This study focuses on the relationship between energy consumption, oil price and macroeconomic
performance of selected energy-dependent African countries. It was observed that
energy consumption and crude oil price positively and significantly enhanced output growth
but their impact on exchange rate is contradictory. Also, energy consumption and oil price
were found to reduce inflation rate in the selected countries. It is therefore recommended that
energy-dependent African countries should increase power generation and enhance crude oil
local refining at affordable rates to boost energy consumption and reduce negative exogenous
oil price shock on the macroeconomy.