Browsing: Africa Energy Summit

Mission 300
  • Mission 300 will invest in new and rehabilitation of generation capacity, transmission systems, including intra- and regional interconnections, as well as distribution grids to build robust and reliable power systems.
  • It will be complemented by reforms in the energy sector to ensure affordability and sustainability of electricity service, and financially viable utilities.

Across Africa, nearly 600 million people live in energy poverty, deprived of reliable access to electricity—a fundamental prerequisite for modern life. This staggering statistic represents more than just a lack of power.  Significantly, it translates to limited opportunities for education, healthcare, gender equality, and economic growth.

Mission 300, a bold initiative championed by the African Development Bank Group and the World Bank Group in collaboration with key partners, seeks to change this narrative by providing first time electricity access to 300 million Africans by 2030.  A key milestone in this effort, branded Mission 300, is the Africa …

energy access in Africa
  • At the current pace of electrification amid rising population, the number of people without electricity in Africa will remain unchanged unless bold action is rolled out.
  • In response to this urgent need, the AfDB Group, the World Bank, and other partners have launched Mission 300, a plan that aims to provide electricity access to 300 million Africans by 2030.
  • The plan focuses on accelerating electrification through a mix of grid extensions and distributed renewable energy solutions, such as mini-grids and stand-alone solar home systems.

Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and sustainable electricity. As we prepare for the Africa Energy Summit, taking place on January 27-28, 2025, in Dar es Salaam, Tanzania, the urgency of addressing Africa’s energy needs cannot be overstated.

Without …

The Africa Energy Summit that is part of the World Bank’s Mission 300 initiative, to provide electricity access to 300 million people by 2030, will be hosted in Dar es Salaam, Tanzania later this month.
  • The Africa Energy Summit, which is set for Jan 27-28, is part of the World Bank’s mission to light up the homes of 300 million people.
  • Estimated 1,500 policymakers and leaders from around the world will converge to reshape the trajectory of Africa’s energy industry.
  • The summit will examine and approve the Dar es Salaam Declaration, a statement embodying Africa’s collective vision for sustainable energy.

In a bold step toward transforming energy access across the continent, Tanzania will host the Africa Energy Summit on January 27–28 in Dar es Salaam. This industry event forms part of the World Bank’s Mission 300 initiative, an ambitious program aiming to provide electricity to 300 million people in Africa by 2030.

Backed by the African Development Bank Group (AfDB) and the World Bank Group, the summit promises to be a cornerstone in reshaping Africa’s energy industry. Bringing together over 1,500 high-profile executives from multilateral