The African Development Bank (ADB) has unveiled its ambitious plan to deliver electricity to 300 million Africans by 2030. To drive this mission, the bank will host a high-profile summit in Dar Es Salaam, Tanzania, from January 27 to 28, 2025, bringing together African heads of state, philanthropists, and private sector leaders to address the continent’s energy crisis and accelerate the adoption of clean energy solutions.
In a recent announcement, the ADB, in collaboration with the World Bank, emphasized the urgency of tackling Africa’s persistent energy access challenges. Franz Drees-Gross, the World Bank’s Director of Infrastructure for West Africa, stated, “The time to act is now. Mission 300 is not just an ambition—it’s a movement. We are creating a lasting impact that will drive Africa’s growth and provide millions with access to the essential services that electricity enables.”
The initiative, launched in April 2024, represents a historic partnership between global financial institutions and international stakeholders. It aims to bridge Africa’s energy gap by leveraging innovative financing models and promoting sustainable energy infrastructure. Currently, nearly 600 million Africans—approximately 83% of the global population without electricity—lack access to reliable power.
Wale Shonibare, ADB’s Director of Energy Financial Solutions, Policy, and Regulations, revealed that the summit would introduce groundbreaking initiatives. These include boosting domestic resource mobilization, fostering cross-border energy trade, and encouraging increased financing to enhance energy access.
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The Global Energy Alliance for People and Planet (GEAPP) and The Rockefeller Foundation have already committed $10 million to establish a technical assistance facility to support electricity projects across Africa. The summit will culminate in the signing of the “Dar Es Salaam Energy Declaration,” a commitment by African governments to prioritize energy access reforms, renewable energy adoption, and private sector investments. Thirteen pilot countries, including Nigeria, the Democratic Republic of Congo, and Côte d’Ivoire, are expected to spearhead reforms in key areas such as low-cost power generation, regional energy integration, and utility strengthening.
The two-day event will also highlight success stories from select African nations and establish a coalition of stakeholders to fast-track energy infrastructure investments. Key objectives include strengthening regional power planning, expanding trade, and implementing the African Continental Master Plan for a unified electricity market.
Mission 300, the ADB’s vision for 2030, encompasses both traditional grid expansion and cutting-edge off-grid solutions to reach remote communities. Daniel Schroth, ADB’s Director of Renewable Energy and Energy Efficiency, emphasized the urgency of this endeavor, stating, “We have just five years to deliver tangible connections to 300 million people. This is a tight journey, but it’s a critical one.”
With over 1,000 participants expected to attend, the summit marks a significant milestone in Africa’s journey toward energy equity and sustainable growth. By uniting governments, financial institutions, and private investors, the African Development Bank aims to transform the continent’s energy landscape and empower millions through electricity access.
