Mission 300 Connects 50 Million Africans

Mission 300, a joint initiative by the World Bank Group and the African Development Bank, has connected over 50 million people to electricity across 40 African countries since its launch in 2024. This achievement marks a significant milestone towards its goal of electrifying 300 million people by 2030, with the pace of access nearly doubling. The initiative involves substantial financial commitments, with the World Bank Group and the African Development Bank providing nearly $15 billion and attracting $4.5 billion in co-financing, alongside over $7 billion pledged by other development partners. Countries like Tanzania, Ethiopia, and Nigeria have seen millions gain access to power, driven by increased financing, policy reforms, and private sector-led initiatives. Mission 300's coordinated approach, aligning governments, partners, and private investors, is mitigating risks and fostering commercially viable markets. Additionally, 30 countries have launched National Energy Compacts, with more, including Burkina Faso, the Central African Republic, Djibouti, Gabon, Rwanda, and Uganda, expected to follow suit.