• Thirty African Heads of State and governments committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity to power economic growth, improve quality of life, and drive job creation across the continent.
• The Dar es Salaam Energy Declaration, endorsed at the Mission 300 Africa Energy Summit, represents a key milestone in addressing the energy gap in Africa.
• Africa’s energy landscape presents a paradox. Despite being rich in renewable resources, the continent grapples with one of the lowest levels of energy access globally.
• Nearly 600 million Africans lack access to electricity, making it essential to leverage the continent’s abundant renewable energy resources and critical minerals.
• The Mission 300 Africa Energy Summit was held in Dar es Salaam, Tanzania, on January 27-28.
• The summit was hosted by Tanzania, the African Union, the African Development Bank Group (AfDB), and the World Bank Group (WBG).
• The commitments in the Declaration are a critical piece of the Mission 300 initiative, which unites governments, development banks, partners, philanthropies, and the private sector to connect 300 million Africans to electricity by 2030.
• At the summit, Mission 300 partners pledged more than $50 billion in support of increasing energy access across Africa.
• The Declaration will now be submitted to the African Union Summit in February for adoption.
How will it be implemented?
• By addressing the fundamental challenge of energy access, Mission 300 serves as the cornerstone of the jobs agenda for Africa’s growing youth population and the foundation for future development.
• As many as 12 countries — Chad, Ivory Coast, Democratic Republic of Congo, Liberia, Madagascar, Malawi, Mauritania, Niger, Nigeria, Senegal, Tanzania, and Zambia — presented detailed National Energy Compacts that set targets to scale up electricity access, increase the use of renewable energy and attract additional private capital.
• These country-specific plans are time-bound, rooted in data, endorsed at the highest level and focus on affordable power generation, expanding connections, and regional integration.
• They aim to boost utility efficiency and expand clean cooking solutions. Deploying satellite and electronic mapping technologies, these compacts identify the most cost-effective solutions to bring electricity to underserved areas.
Funding for the initiative
During the summit, partners announced a series of commitments:
• African Development Bank Group and the World Bank Group plan to allocate $48 billion in financing for Mission 300 through 2030, which may evolve to fit implementation needs.
• Agence Française de Développement (AFD): €1 billion to support energy access in Africa.
• Asian Infrastructure Investment Bank (AIIB): $1 billion to $1.5 billion to support Mission 300.
• Islamic Development Bank (IsDB) Group: $2.65 billion in support of Mission 300 and energy access in Africa from 2025-2030.
• OPEC Fund: $1 billion in support of Mission 300 and energy access in Africa.
• The World Bank Group and the African Development Bank Group launched Zafiri, an investment company that supports private sector-led solutions, such as renewable mini-grids and solar home systems. Zafiri anchor partners will invest up to $300 million in the first phase and mobilise up to $1 billion to address the persistent equity gap in Africa.
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