Sunday, July 12, 2026

AfDB, World Bank, AU to accelerate universal electrification in Africa

Inaugurated in April 2024 by the AfDB and the World Bank, Mission 300 sought to provide electricity access to 300 million people in Sub-Saharan Africa by 2030.

• January 11, 2025
AfDB, World Bank, AU logos
AfDB, World Bank, AU logos

The African Development Bank Group, the World Bank Group, the African Union, and the Tanzanian government have reaffirmed their commitment to advancing Africa’s path toward universal electrification.
In a statement on Saturday, the AfDB announced that it would host a pivotal summit to support this objective.

The bank stated, “The Africa Energy Summit, scheduled for January 27 to 28 in Dar es Salaam, Tanzania, will bring together heads of state and government, private sector leaders, development partners, donors, experts, civil society organizations, and academics. The summit aims to secure the financial resources, partnerships, and political commitment necessary to achieve the ambitious Mission 300 plan and further progress toward universal electrification.”
Inaugurated in April 2024 by the AfDB and the World Bank, Mission 300 sought to provide electricity access to 300 million people in Sub-Saharan Africa by 2030.
It said the initiative would focus on a dual approach: increasing infrastructure investment and implementing policy reforms across the electricity supply chain.
According to the bank, with nearly 600 million Africans accounting for 83 per cent of the global energy deficit lacking access to electricity, the need for action has never been more urgent.

It noted, “The summit will serve as a platform to consolidate efforts and accelerate Africa’s electrification journey, aiming to transform lives, improve livelihoods, and foster economic growth. Experts and stakeholders will deliberate on strategies to mobilise investments, expand energy access, and address challenges impeding progress, ensuring that Africa’s energy goals remain within reach.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Strait of Hormuz

World

Iran, Oman end Hormuz talks without breakthrough

The strategic waterway lies between Iran to the north and Oman to the south, giving both countries a direct role in ensuring maritime security.

Kings College Lagos,

Education

Kings College Lagos PTA rejects takeover plan by old boys’ association

The parents unanimously rejected the move and appealed to President Bola Tinubu to reconsider the approval.

Nigerians evacuated from South Africa

Diaspora

Sixth batch of Nigerians evacuated from South Africa arrives in Lagos

NiDCOM also announced various financial support packages for the returnees.

Amina Kabir, Special Assistant to the President on Delivery and Coordination

Heading 3

Govt can’t tackle Nigeria’s economic, social challenges alone; CSOs must step in: Presidency

Ms Kabir said the government alone could not address the country’s growing challenges.

Toronto street festival

World

At least two killed, five injured in Toronto street festival shooting

The police said investigations are ongoing to fish out the shooter, warning the public to stay away from the area.

The Independent National Electoral Commission (INEC)

NationWide

INEC extends deadline for submission of 2027 presidential, NASS candidates’ lists

INEC said the extension followed the Inter-Party Advisory Council’s appeal on behalf of political parties.