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17 Countries Commit to Concrete Plans to Scale Up Electricity Access as Mission 300 Expands

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Seventeen African governments today committed to reforms and actionable plans to expand electricity access as part of Mission 300—an ambitious partnership led by the World Bank Group and African Development Bank Group (https://www.AfDB.org/) that aims to connect 300 million Africans to electricity by 2030.

At the Bloomberg Philanthropies Global Forum (https://apo-opa.co/42dhJtN) , national Energy Compacts—practical blueprints that guide public spending, trigger reforms, and attract private capital—were endorsed by Benin, Botswana, Burundi, Cameroon, Comoros, the Republic of the Congo, Ethiopia, Gambia, Ghana, Guinea, Kenya, Lesotho, Mozambique, Namibia, São Tomé and Principe, Sierra Leone, and Togo.

“Electricity is the bedrock of jobs, opportunity, and economic growth,” said World Bank Group President Ajay Banga. “That’s why Mission 300 is more than a target—it is forging enduring reforms that slash costs, strengthen utilities, and draw in private investment.”

Since the launch (https://apo-opa.co/3KfhisX) of Mission 300, 30 million people have already been connected, with more than 100 million in the pipeline.

“Reliable, affordable power is the fastest multiplier for small and medium enterprises, agro-processing, digital work, and industrial value-addition,” said African Development Bank Group President Dr Sidi Ould Tah. “Give a young entrepreneur power, and you’ve given them a paycheck.”

National Energy Compacts are at the core of Mission 300, developed and endorsed by governments with technical support from development partners. Tailored to each country’s context, these practical blueprints integrate three core tracks—infrastructure, financing, and policy.

Earlier this year, Energy Compacts were endorsed by Chad (https://apo-opa.co/4gF13Bj), Côte d’Ivoire (https://apo-opa.co/4mE9sWZ), Democratic Republic of Congo (https://apo-opa.co/3IB2YKL), Liberia (https://apo-opa.co/46oLQkz), Madagascar (https://apo-opa.co/3W9jaG5), Malawi (https://apo-opa.co/3IvVnx2), Mauritania (https://apo-opa.co/4mB96Re), Niger (https://apo-opa.co/4njBRTr), Nigeria (https://apo-opa.co/4mFo48O), Senegal (https://apo-opa.co/4nysQ96), Tanzania (https://apo-opa.co/3VBpA0A), and Zambia (https://apo-opa.co/4nxsNKT)—together pledging to make more than 400 policy actions to strengthen utilities, reduce investor risk, and remove bottlenecks.

The World Bank Group and the African Development Bank Group are working with partners including the Rockefeller Foundation (https://apo-opa.co/42bC2b2), Global Energy Alliance for People and Planet (GEAPP) (https://apo-opa.co/3KkwtkA), Sustainable Energy for All (SEforALL) (https://apo-opa.co/4nqxGFA), and the World Bank’s Energy Sector Management Assistance Program (ESMAP) (https://apo-opa.co/4gS8ZiP) trust fund to align efforts in support of powering Africa. Many development partners and development finance institutions are also supporting Mission 300 projects through co-financing and technical assistance.

Quotes by African Heads of State and Ministers Committing to Mission 300 Energy Compacts today:

Duma Boko
President of Botswana

“This National Compact is our shared pledge to ensure accessible, reliable and affordable energy as a basic human need, to transform our economy and create jobs, and to electrify our journey to an inclusive high-income country.”

Paul Biya
President of the Republic of Cameroon

“The government of the Republic of Cameroon is committed, through its Energy Compact, to a determined transition towards renewable energies, promoting inclusive universal access and sustainable development based on partnerships and ambitious reforms to build a low-carbon future.”

Mission 300 is more than a target—it is forging enduring reforms that slash costs, strengthen utilities, and draw in private investment

Azali Assoumani
President of the Union of the Comoros

“The Comoros Energy Compact is a call for collective action to achieve universal access to electricity by 2030, in order to ensure the country’s emergence in dignity, equity, and shared progress.”

Denis Sassou Nguesso
President of the Republic of Congo

“In addition to abundant sunlight and gas resources capable of generating more electricity, the Republic of Congo has a certified hydroelectric potential of nearly 27,000 MW and more than 100,000 MW currently under study. The Energy Compact will enable Congo to achieve universal access to electricity, supply industries in special economic and mining zones, and export surplus energy to other countries. Harnessing this renewable and sustainable energy will cover more than one-third of Africa’s electricity needs. Since Congo has liberalized the electricity sector, investors are invited, within the framework of Mission 300, to establish themselves and engage in profitable and sustainable business.”

Taye Atske Selassie
President of Ethiopia

“Our National Energy Compact exemplifies Ethiopia’s unwavering dedication to ensuring universal, affordable, and sustainable energy access for all. By unlocking our vast renewable resources, strengthening regional interconnections, we aim to foster inclusive growth domestically and propel Africa’s collective momentum toward ending energy poverty. Together, we are committed to building a resilient, equitable, and sustainable energy future for generations to come.”

Adama Barrow
President of The Republic of The Gambia

“The Gambia’s Energy Compact reaffirms our commitment to universal electricity access by 2030, scaling renewables, strengthening infrastructure, integrating the private sector and improving sector governance. Through partnerships, it aims to transform power supply – ensuring reliability, affordability, and sustainability for all citizens.”

John Dramani Mahama
President of the Republic of Ghana

“Ghana believes universal energy access is key to empowering businesses, reducing poverty, and creating equal opportunities. This goal can only be achieved through strong government–private sector partnerships, supported by an enabling environment for sustainable investment.”

Mamadi Doumbouya
President of the Republic of Guinea

“The Republic of Guinea reaffirms its commitment to guaranteeing, by 2030, universal access to reliable, clean, and affordable electricity, while providing sufficient capacity to support national industrialization, particularly in the mining sector, through a transparent and constructive partnership with the private sector.”

William Ruto
President of the Republic of Kenya

“Energy is a key enabler under the infrastructure component of Kenya’s Bottom-Up Economic Transformation Agenda. The Energy Compact anchors our commitment to achieve universal access to electricity and clean cooking and transition our grid to full reliance on clean energy by 2030.”

Sam Matekane
Prime Minister of the Kingdom of Lesotho

“Mountain winds blow, waters flow, the sun shines brightest – Lesotho, the kingdom in the sky. Universal access to renewable energy is our proud imperative. Experience elevation with agility and scale. Be part of our journey and pride. Invest in Lesotho.”

Daniel Chapo
President of Mozambique

“Mozambique is on track to achieve Mission 300 targets and consolidate our role as a regional powerhouse through export of our abundant, affordable and clean energy. We welcome support from partners to achieve universal access, promote economic growth and green industrialization, and increase regional trade and integration.”

Julius Maada Bio
President of Sierra Leone

“Our M300 Compact is the most ambitious and comprehensive energy infrastructure initiative ever developed for Sierra Leone. Powered by evidence-based solutions and data, this single plan for Sierra Leone’s energy transformation holds the greatest promise for unlocking sustainable and inclusive development for our people.”

Faure Essozimna Gnassingbé
President of the Togolese Republic

“We guarantee reliable, affordable and clean electricity for all, and access to clean cooking. This Compact massively mobilizes the private sector to accelerate our industrialization and make Togo a competitive energy hub.”

Américo d’Oliveira dos Ramos
Prime Minister, São Tomé and Principe

“Our Compact provides a forward-thinking framework to fuel a sustainable and inclusive model of economic growth for Saotomeans. We are enacting strong reforms and developing innovative business models to raise US$190 million from the private sector to finance this objective.”

Edouard Bizimana
Minister of Foreign Affairs, Burundi

“The Republic of Burundi has set ambitious targets for access to electricity and clean cooking to improve the economic and social development of its population. Private sector participation is crucial to achieving these goals.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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