Africa targets $4tr from wealthy class to fund new energy sources

Photo credit: Pool

Business leaders across Africa now want the continent’s $4.4 trillion worth of institutional and high net worth individuals’ capital held by fund managers freed up to accelerate investment in the continent’s vast natural gas deposits to boost energy sovereignty and stave off future vulnerability to oil price shocks.

Significant natural gas reserves have been discovered in Africa over the past five years, including an estimated one trillion cubic feet in Angola (Gajgeria-1 well in July 2025) and an estimated 50 million cubic feet per day worth of reserves in the Nile Delta in Egypt in May 2026.