World Bank, AfDB Accelerate Mission 300 for 570 Million Without Power
Updated
Updated · Bloomberg · Jun 26
World Bank, AfDB Accelerate Mission 300 for 570 Million Without Power
2 articles · Updated · Bloomberg · Jun 26
Summary
New project approvals this year will speed up Mission 300, the World Bank and African Development Bank’s drive to expand electricity access across Africa.
Eritrea is set to receive investment under the plan, which the lenders also aim to advance by promoting regional power pools.
Africa accounts for about 80% of the 570 million people worldwide who still lack electricity, making Mission 300 the continent’s biggest electrification push yet.
Can a $15 billion mission to power Africa reach the continent's remote villages before commercial interests leave them in the dark?
As solar power gets cheaper, why is electricity access becoming more expensive for Africa’s poorest families?
Africa has the world's best solar resources, so why do global investors ignore its massive renewable energy potential?
Mission 300 Progress Report: Powering 300 Million Africans by 2030—Milestones, Challenges, and the Road Ahead
Overview
As of June 2026, Mission 300 has provided electricity access to 50 million people across Africa, marking a major step toward its goal of reaching 300 million by 2030. Leaders highlight this milestone as a launchpad for faster progress, urging all partners to strengthen their commitment. The initial impact is already visible, with electrification efforts improving quality of life and supporting economic growth. Programs like Ethiopia’s ELEAP show how on-grid connections can transform communities. These achievements demonstrate that Mission 300’s approach is delivering real benefits and setting the stage for even greater progress in the coming years.