The African Energy Chamber (AEC) is making a high-impact working visit to Senegal from November 12–14, signaling a pivotal moment for West Africa’s energy transformation.
A Strategic Mission Ahead of MSGBC 2025
The visit precedes the MSGBC Oil, Gas & Power 2025 conference—set for December 8–10 in Dakar—under the patronage of President Bassirou Diomaye Faye. The event will unite investors, government officials, and industry leaders to advance partnerships and expand energy infrastructure across the MSGBC basin, comprising Mauritania, Senegal, Gambia, Guinea-Bissau, and Guinea-Conakry.
The AEC delegation, led by Executive Chairman NJ Ayuk, aims to strengthen collaboration with Senegal’s Ministry of Energy, regulators, and private sector executives. By spotlighting the country’s oil, gas, and renewables projects, the visit supports investment inflows and long-term industrial growth.
A New Era of Regional Energy Development
The MSGBC region is transitioning from exploration to production, with Senegal at the forefront. The Sangomar oil field began production in 2024, expected to exceed 34 million barrels by the end of 2025. The Greater Tortue Ahmeyim (GTA) LNG project—shared between Senegal and Mauritania—has already exported its first cargo, positioning both nations as rising global LNG exporters.
Senegal is also advancing the Yakaar-Teranga gas project, holding an estimated 25 trillion cubic feet (tcf) of reserves. The government is revising its oil and gas codes to enhance transparency, local participation, and ensure citizens benefit directly from resource revenues.
“Senegal represents one of Africa’s most promising energy success stories. From world-class gas developments to bold energy transition policies, the country is setting a benchmark for how to attract investment, create local opportunities and foster inclusive growth,”
said NJ Ayuk, Executive Chairman of the African Energy Chamber.
Expanding Opportunities Across MSGBC Nations
Mauritania is leveraging its success at GTA to attract foreign investment for its BirAllah gas project, estimated at 80 tcf. The country is also advancing green hydrogen initiatives through its 30 GW AMAN and 10 GW Project Nour developments, targeting 10 million tons of hydrogen production annually by 2040.
Guinea-Bissau has welcomed Chevron’s entry into two offshore exploration blocks (5B and 6B), while Guinea-Conakry prepares for a 22-block licensing round supported by international partners. The Gambia is finalizing a new petroleum exploration and development bill aimed at improving transparency and investor confidence.
Regional Progress Snapshot
| Country | Key Projects | Estimated Resources | Focus Areas |
|---|---|---|---|
| Senegal | Sangomar, GTA, Yakaar-Teranga | 25+ tcf gas, 34m barrels oil | Local content, transparency |
| Mauritania | BirAllah, AMAN, Nour | 80+ tcf gas, 40 GW renewables | Green hydrogen, gas-to-power |
| Guinea-Bissau | Chevron Blocks 5B/6B | N/A | Offshore exploration |
| Gambia | New Petroleum Bill | N/A | Transparency reforms |
| Guinea-Conakry | 22-Block Licensing Round | Frontier acreage | Investment attraction |
Regional Integration and Investment Climate
The MSGBC region’s integrated approach—bridging hydrocarbon, renewables, and policy reform—has turned it into one of the fastest-growing energy frontiers worldwide. Senegal’s economic growth is forecast to reach 10.2% in 2025, while Mauritania’s GDP is projected at 7.6%, largely due to energy exports and infrastructure projects.
Two critical points driving momentum:
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Investment confidence: Clear regulatory reforms are reassuring global partners and financiers.
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Local impact: Over 3,000 local jobs and 300 companies have participated in GTA and Sangomar developments.
Driving Africa’s Energy Future
With global energy markets pivoting toward diversification and Africa asserting greater control over its natural resources, the MSGBC region’s efforts carry continental implications. West Africa’s gas and renewables capacity will be key to powering local industries and supporting Europe’s diversification away from Russian gas.
President Faye emphasized this vision:
“The MSGBC region stands at the forefront of a new energy era, with strategic projects that will drive economic development and regional cooperation for years to come.”
The upcoming MSGBC 2025 conference will serve as the premier platform for new investment agreements, technology partnerships, and knowledge exchange, ensuring sustainable growth across the West African energy landscape.
A Model for Inclusive Development
By prioritizing transparency, citizen benefit, and green transition readiness, Senegal and its neighbors are redefining what equitable energy development looks like. The African Energy Chamber’s working visit underscores not only industry collaboration but also Africa’s determination to lead its own energy narrative.
As the world watches Dakar this December, the MSGBC basin will stand as a testament to African innovation, cooperation, and resilience in shaping the global energy future.
Sources: African Energy Chamber, MSGBC Oil, Gas & Power 2025, Senegal Ministry of Energy, and Reuters Energy Reports.
Prepared by Ivan Alexander Golden, Founder of THX News™, an independent news organization delivering timely insights from global official sources. Combines AI-analyzed research with human-edited accuracy and context.
