That challenge will take center stage at MSGBC Oil, Gas & Power 2026 through the panel Financing Energy Infrastructure Around the MSGBC Basin, which will bring together development finance institutions, infrastructure funds, multilateral lenders, export credit agencies, private equity investors and blended finance specialists to explore how investment can be structured, de-risked and deployed across the region.

First production from GTA and Sangomar has transformed the MSGBC basin from an emerging exploration frontier into a developing energy hub. Investors are now looking beyond Senegal and Mauritania toward new opportunities, with Chevron entering Guinea-Bissau’s offshore sector through operatorship of Blocks 5B and 6B, Eni acquiring deepwater acreage in The Gambia and Guinea-Conakry, and Mauritania advancing both gas infrastructure and a $100 billion green hydrogen investment program.

But translating resource wealth into economic impact requires infrastructure, and infrastructure requires financing. At MSGBC Oil, Gas & Power 2025 in Dakar, the Society of Petroleum Engineers estimated that Africa requires approximately $375 billion in investment over the next 10 to 12 years to fully develop its gas sector, highlighting the scale of the financing challenge facing the continent.

Across the MSGBC region, new models are emerging to bridge this gap. In Senegal, the $475 million Ndar Energies combined-cycle gas turbine project, financed by the African Export-Import Bank and developed by Aksa Energy, demonstrates how development finance and private investment can combine to deliver critical power infrastructure. The 255 MW plant, which will receive gas from GTA under a 25-year power purchase agreement with Senelec, is expected to begin commercial operations later this year.

In Mauritania, multilateral institutions are helping reduce risk and attract private capital as the country prepares to scale up gas production. The IFC held $120 million in commitments as of February 2026, while the Multilateral Investment Guarantee Agency (MIGA) maintained a $300 million portfolio. Under Mauritania’s FY26-FY30 World Bank Country Partnership Framework, MIGA is exploring political risk insurance coverage for renewable energy and gas-to-power projects.

Senegal is also advancing financing mechanisms for strategic infrastructure. Sovereign wealth fund FONSIS financed feasibility studies for the country’s planned national gas pipeline network and is now seeking private capital to support construction. The fund will also manage Senegal’s future petroleum revenue fund, which is expected to receive 10% of state oil and gas revenues. Senegal has further strengthened its financing ambitions through its approved contribution to the $5 billion Africa Energy Bank, designed to increase African participation in energy investment.

The financing discussion will complement the session, From Discovery to Development: Projects Moving Toward FID, which will spotlight projects approaching final investment decisions. Together, the sessions will examine the central question facing the MSGBC basin: how to convert a resource opportunity into investable, bankable and deliverable energy infrastructure.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region's oil, gas and power sectors. Visit www.msgbcoilgasandpower.com to secure your participation at the MSGBC Oil, Gas & Power 2026 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.