Humphrey Kariuki champions natural gas as key to Africa’s energy future

Across the continent, investments in gas infrastructure, innovative technologies, and supportive policies are unlocking vast energy resources, enhancing economic growth, and addressing pressing energy security challenges.

Humphrey Kariuki, founder of the Janus Continental Group (JCG), is among the leaders championing Africa’s gas transformation.

 “We see tremendous potential in these regions, and our investments are focused on developing sustainable solutions that can benefit local communities and economies,” Kariuki said. “The integration of technologies like FLNG and CNG is essential for Africa's energy future. By utilizing the gas resources on the continent efficiently, we can greatly enhance energy security.”

Natural Gas as a Catalyst for Growth

Natural gas has gained prominence as a cleaner alternative to coal and a transitional energy source that supports the shift toward renewables. With natural gas emitting up to 50% less carbon dioxide than coal, it offers a viable path to reducing emissions while meeting Africa’s growing energy demands.

Countries such as Mozambique, Nigeria, and Angola are at the forefront of this transformation. Mozambique, with its vast offshore gas reserves, is poised to become one of the world’s top LNG exporters, with investments expected to reach $50 billion. Angola, meanwhile, plans to expand its gas output from 9 billion cubic meters in 2020 to over 15 billion cubic meters by 2025, bolstering both domestic energy security and export capacity.

“Natural gas is a vital bridge for Africa,” Kariuki emphasized. “It provides a cleaner alternative to coal and supports the shift towards renewable energy, enabling us to meet our growing energy demands sustainably.”

Innovative Technologies Driving Progress

The deployment of advanced technologies like Floating Liquefied Natural Gas (FLNG) and Compressed Natural Gas (CNG) is revolutionizing Africa's energy sector. FLNG, which simplifies the development of offshore resources, has already unlocked stranded gas reserves in countries like Nigeria and Cameroon, creating new opportunities for LNG exports and domestic energy access.

In Tanzania, CNG is reshaping the transportation sector. Companies like TAQA Dalbit, a joint venture between Janus Continental Group Oil and Gas and TAQA Arabia, have rolled out CNG infrastructure, including the Mastergas station in Dar es Salaam. This facility serves over 1,600 vehicles daily, offering a cost-effective and cleaner alternative for public transport operators. Similar initiatives in Egypt aim to expand the number of CNG stations to 1,000 by 2025, reducing reliance on gasoline and diesel while cutting carbon emissions.

“These advancements represent a pivotal shift in how we approach energy access,” Kariuki noted. “Natural gas is a key driver in our transition to a cleaner, more sustainable energy landscape.”

Economic and Environmental Benefits

The economic potential of natural gas investments in Africa is immense. A report by the African Development Bank estimates that gas infrastructure projects could generate over 1.5 million jobs and boost GDP growth across the continent by 3% annually. Beyond economics, the environmental benefits are significant, as natural gas helps reduce Africa’s carbon footprint during its energy transition.

Kariuki stressed the importance of balancing growth with sustainability. “We must ensure that our investments not only boost our economies but also adhere to environmental standards that protect our planet for future generations.”

Overcoming Challenges and Unlocking Potential

While the opportunities are vast, challenges such as financing and regulatory uncertainty remain. The recently established Africa Energy Bank is addressing these hurdles by offering low-interest loans, guarantees, and equity investments tailored to natural gas projects. A clear and predictable regulatory framework is also essential to foster investor confidence and attract international capital.

“Establishing gas offtake agreements and risk-sharing mechanisms can attract private capital and facilitate the development of essential infrastructure projects,” Kariuki said, highlighting the need for government support in overcoming market failures.