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    Home»Environment»Mission 300 | Electricity to Power Africa and its Economy
    Environment

    Mission 300 | Electricity to Power Africa and its Economy

    Markel ZillaBy Markel ZillaJune 27, 2026No Comments8 Mins Read
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    Mission 300 | Electricity to Power Africa and its Economy
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    Electricity is healtheducationdignityjobspower
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    Mission 300 aims to connect 300 million people to energy access by 2030

    Household electricity access improves family welfare. It lights up homes, connects people to information, and makes cooking safer and easier. For communities, electricity keeps hospital lights on and medicine cold. It connects students to the internet and training programs. It powers irrigation systems, commercial farming, and processing plants. It builds digital networks and fuels the industries that create jobs.

    Working in partnership under Mission 300, the World Bank Group aims to connect 250 million people to electricity, while the African Development Bank Group aims to connect 50 million people by 2030. Our combined ambition represents a major step toward expanding electricity access across Sub-Saharan Africa. By prioritizing scalable solutions today, Mission 300 catalyzes job creation and economic transformation, while building systems that can be extended to the hardest-to-reach communities in the future.

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    Energy Is Creating Jobs

    Ethiopia has made significant progress in energy access in recent years; however, despite a 94% electrification rate in urban areas around 60 million Ethiopians remain without electricity access. The World Bank-supported Ethiopia Electrification Program (ELEAP) has supported over 1.6 million on-grid connections, providing electricity to more than 8 million people and more than 19,000 public facilities such as schools, healthcare centers, and government buildings. ELEAP also supported the installation of 11 mini-grids, bringing electricity to nearly 20,000 people in isolated communities. These Investments create jobs, Improve quality of life, and promote social and economic growth.
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    Power Sparks Change

    Reliable energy can be a powerful catalyst for change. It attracts new businesses, improves safety, 
and gives young people real pathways to decent jobs

    As part of Mission 300, the Gambia River Basin Development Organization Interconnection Project 
is expanding Guinea’s ability to trade electricity across borders. Hydropower from the Kaleta and Souapiti plants now supplies clean energy at home and exports 1,174 GWh each year to Senegal, 
The Gambia, and Guinea-Bissau

    Investments in grid modernization, pre-paid meters and informal connections are also strengthening the system, with commercial losses in Guinea’s electricity network projected to fall from 40% in 2025 to 20% by 2030, helping ensure power reaches more households and businesses reliably

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    Learn more about Guinea’s electricity surge

    View Project Impact

    Mission 300: Unlocking Job Creation in Africa

    With 12 million young Africans entering the labor market each year, electricity access is critical to job creation. Mission 300 – a World Bank and AfDB partnership – aims to connect 300 million people by 2030. Already, 43 million are connected, fueling small businesses, industries, and innovation in Tanzania, Madagascar, Ethiopia, DRC, and Zambia. Explore how energy is powering Africa’s future.

    View Immersive Story
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    How Mission 300 differs from other energy initiatives

    Mission 300 works because everyone is moving in the same direction. We’ve brought governments, investors, and development institutions together behind one roadmap with clear targets and committed financing. That unity gives us the follow-through past efforts lacked and opens a path to lasting, continent-wide progress.

    Unprecedented investment. The World Bank Group plans to double spending on energy and energy access by 2030, directing up to $30 billion toward Africa’s energy sector. This level of commitment creates the scale needed for lasting change.

    High-level political commitment. National Energy Compacts anchor Mission 300 in concrete policy reforms. These commitments give governments, investors, and partners confidence to move faster and further together.

    Built for scale. Mission 300 brings projects together across borders, enabling regional solutions that can be replicated quickly and supported by strong private-sector markets.

    A One World Bank Group Approach. The IFC, MIGA and the Bank are working in lockstep. This coordinated approach aligns policy reform, financing, and risk mitigation behind a single goal.
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    Investment alone will not close Africa’s energy access gap. Strong political leadership and targeted reforms are essential to modernize energy systems and make Mission 300 successful. That’s why we are supporting governments to launch National Energy Compacts, which set out clear plans to expand electricity while advancing critical reforms across the energy value chain

    Explore our National Energy Compacts

    Mobilizing the Private Sector

    Through the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), the World Bank Group brings decades of experience working with the private sector in emerging markets. IFC and MIGA are working with Mission 300 to help turn early investment into lasting markets by reducing risk, building confidence, and attracting capital to energy projects that might not otherwise move forward. This approach has helped expand energy access, create jobs, and support long-term economic growth across regions.

    Scale up development partner support

    The World Bank has committed to mobilize $30 billion for energy in Africa between 2024-2030. This represents almost a doubling of historic lending to Africa’s energy sector. Other development partners are joining this effort. Partners have already pledged $6 billion in support of Mission 300, which is in addition to existing 
co-financing and other forms of support that partners are already providing.
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    Governments

    Expand energy infrastructure at competitive costs
    Expand least-cost power generation by using transparent, competitive tendering to drive down costs and incorporate local and regional energy resources into power planning.
    Leverage the benefits of regional power integration
    By connecting grids across borders, countries can share surplus power, lower costs, and stabilize supply. Regional integration turns energy from a national challenge into 
a shared opportunity for long-term growth.
    Scale up distributed renewable energy solutions and clean cooking solutions
    Scale up distributed renewable energy solutions and modern clean cooking solutions that can reach more people, including in rural and remote communities that are not connected to the grid. These solutions expand access while improving health outcomes.
    Foster greater private sector participation
    Clear policies, predictable markets, and strong pipelines attract private capital to Mission 300. Through these compacts, governments create the conditions investors need to finance projects and deliver reliable energy at scale.
    Strengthen Power Utilities
    Strengthening the financial viability of utilities provides investors with more confidence that power purchasers can pay and puts the overall power sector on a more financially sustainable footing.

    Explore our National Energy Compacts

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    Private Sector

    Driving innovation and scale

    De-risking Investment
    The private sector understands how to reduce uncertainty in new or challenging markets. Their financial tools and analytical support give private investors the clarity they need to participate early and at scale.
    Unlocking New Markets
    Private-sector leadership helps countries build the supply chains, service networks, and financing models needed for clean energy to scale. Their early moves transform emerging demand into real markets that can grow sustainably over time.
    Businesses bring the cutting-edge tools like smart meters, mini-grids, digital platforms, and efficient appliances that make modern energy systems work. Their innovation lowers costs, improves reliability, and helps countries leapfrog outdated infrastructure.
    Expanding Access Through Partnerships
    Companies generate impact faster when they collaborate with governments and development partners. Together, they can pilot new models, expand proven solutions, and reach communities traditional systems haven’t been able to serve.

    Explore our Mission 300 Partners

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    Development Partners

    Building capacity and reach

    Financial Resources
    Development partners expand what countries can do by mobilizing grants, concessional finance, and blended funding that make large-scale electrification possible. Their support helps fill gaps in national budgets, and turn ambitious access plans into bankable, implementable projects.
    De-risking and Market Creation
    Development institutions can de-risk investments and build market conditions 
for private sector growth.
    Technical Expertise
    Development Partners and non-profits are a valuable source of technical assistance that can help countries develop “bankable” projects ready for investment, assist governments with energy sector reforms and facilitate knowledge exchange and training.
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    Ajay Banga
    World Bank Group President
    “Electricity is the bedrock of jobs, opportunity, and economic growth. 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.”
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    Sidi Ould Tah
    African Development Bank Group President
    “Reliable, affordable power is the fastest multiplier for small and medium enterprises, agro-processing, digital work, and industrial value-addition. Give a young entrepreneur power, and you’ve given them a paycheck.”
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    Spread the word
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    Subscribe to our quarterly
    Mission 300 newsletter
    The latest data, news, stories, and more from the World Bank Group on Mission 300.
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    Powering Africa Mission 300 External Newsletter Service|SVC505
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    For general and specific inquiries

    Contact Us

    World Bank Group

    mission300@worldbankgroup.org

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    World Bank Group

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