top of page

World Leaders Commit to Transforming Africa’s Energy Sector with Strong Global Support

Writer: TASCATASCA

On January 28, 2025, the Dar es Salaam Energy Declaration was officially endorsed at the Mission 300 Africa Energy Summit, setting a bold target to provide electricity access to 300 million Africans by 2030. This milestone brings together governments, development banks, international partners, philanthropic organizations, and the private sector to address the energy needs of over 600 million people across the continent who currently lack access to electricity.

During the summit, Mission 300 partners pledged more than $50 billion in support of Africa’s energy expansion. The declaration will be presented for adoption at the African Union Summit in February 2025.

Mission 300: A Pathway to Africa’s Energy Future

The Mission 300 initiative aims to bridge the energy access gap while fostering job creation and long-term economic growth in Africa. Twelve countries—Chad, Côte d’Ivoire, Democratic Republic of the Congo, Liberia, Madagascar, Malawi, Mauritania, Niger, Nigeria, Senegal, Tanzania, and Zambia—have submitted National Energy Compacts outlining concrete goals to expand electricity access, increase renewable energy deployment, and attract private sector investments.

These national plans focus on:

  • Affordable energy generation and distribution

  • Expanding grid connections

  • Regional energy integration

  • Utilizing satellite and digital mapping technologies to identify cost-effective solutions for underserved regions

Implementing these National Energy Compacts requires strong political will, long-term strategic vision, and full backing from Mission 300 partners. Governments are enacting structural reforms, fostering strategic alliances with development banks and philanthropic organizations, and encouraging private sector participation to accelerate progress.

Global Financial Commitments to Africa’s Energy Sector

To achieve Mission 300’s ambitious targets by 2030, key financial institutions and governments have committed major funding contributions:

  • The African Development Bank Group and the World Bank Group plan to allocate $48 billion

  • French Development Agency (AFD) has pledged €1 billion for Africa’s energy sector

  • Asian Infrastructure Investment Bank (AIIB) is committing between $1 billion and $1.5 billion

  • Islamic Development Bank (IsDB) will contribute $2.65 billion between 2025 and 2030

A Transformative Shift in Africa’s Energy Landscape

By scaling up energy access, Mission 300 is set to drive economic development, improve quality of life, and accelerate Africa’s industrialization efforts. With growing international backing and ambitious national strategies, Africa is moving closer to a sustainable and energy-secure future.



 
 
 

Comentários


bottom of page