Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook, more than 550 trillion cubic feet (tcf) of recoverable gas remain undeveloped, highlighting a strategic opportunity for investors. Major basins such as Mozambique’s Rovuma Basin (129 tcf) and Nigeria’s Niger Delta (113 tcf) underscore the scale of opportunity. However, opportunities in the sector lie not only in finding supply, but creating viable routes to monetization, industrialization and domestic demand.

With significant export capacity already online, LNG remains the most established monetization route for African gas. In 2024, Africa supplied 34.7 million tons of LNG – with sub-Saharan Africa alone contributing 26.9 million tons. Nigeria, Angola, Equatorial Guinea and Cameroon were already exporters, while Mozambique’s Coral Sul FLNG and Senegal-Mauritania’s Greater Tortue Ahmeyim (GTA) project have added new capacity since 2022. Africa’s geographical proximity to both European and Asian markets........

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