West Africa signs off $25bn mega gas pipeline plan

Here is a story making headlines in the economy: West Africa signs off $25bn mega gas pipeline planImage source, via Getty ImagesImage caption, Nigeria will be the source - it has Africa's largest proven natural gas reservesByChris EwokorBBC Africa, Reporting fromAbujaPublished18 minutes agoOne of Africa's most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline. "Don't be surprised when the gas comes your way," quipped Julius Maada Bio, Sierra Leone's president and the current head of West Africa regional bloc Ecowas, following Sunday evening's ceremony in Freetown. The vast 6,000km (3,700 miles) pipeline will run along the Atlantic coast of 14 African nations, carrying Nigerian gas to Morocco before linking into Europe's existing gas network via Spain.

Construction is expected to begin in 2028 with a total estimated cost of $25bn (£19bn). It signals a change from current models where gas is typically extracted from African nations, refined and processed abroad then shipped back to African nations at three or four times the price, says energy expert and former Nigerian government advisor Charles Majomi. That practice must end, because it is a "complete devaluation of the resource that is so fortunately endowed in places like Nigeria and other countries," he told Focus on Africa.

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By contrast, if leveraged correctly, the new pipeline has the potential not just to stimulate regional industrial growth but also boost Africa's power on the international stage. "In terms of Africa's regional security and its ability to negotiate and have a seat at the global table, if you will, it does need this measure of usefulness to countries Europe and Asia potentially," argued Majomi. "Beyond energy security, it will open up Africa as a corridor to international markets," Prof Ganiyat Adejoke Adesina-Uthman, of the National Open University of Nigeria, said.

It is a symbol of what Africa can achieve when countries collaborate and work together, she added. PODCAST: What does the Morocco–Nigeria gas pipeline involve? 'Africa can't rely on benevolence of others' Published3 April 2025If all goes to plan a whopping 30bn cubic metres of gas per year will pass through the Nigeria-Morocco Atlantic Gas Pipeline serving 400 million consumers - making this one of the world's longest offshore gas pipelines and reshaping West Africa's energy landscape.

Sunday's agreement follows roughly a decade of negotiations involving more than a dozen countries. It establishes the legal and governance framework for the pipeline and is widely seen as the last major political hurdle before financing and construction decisions. While construction has not yet begun, the project has entered a more advanced political and technical phase than at any point since it was first proposed in 2016.

Financial markets are tracking the development closely as investors assess the likely impact.