… commits to sustainable electricity to 300 million people in Africa by 2030

Oredola Adeola

President Bola Ahmed Tinubu is set to present Nigeria’s energy compacts during the Mission 300 Energy Summit, which begins on Monday in Dar es Salaam, Tanzania.

Advisors Reports gathered that the summit brings together African heads of state, business leaders, and development partners to discuss actionable reforms and commitments aimed at providing electricity to 300 million people across Africa by 2030.

The two event, according to Daniella van Leggelo-Padilla, External Affairs Officer at the World Bank Group, focuses on accelerating access to reliable and sustainable energy, will highlight initiatives designed to drive job creation and economic growth across the continent.

She stated that the Mission 300 is a collaboration between the African Development Bank, the World Bank Group, and global partners to address Africa’s electricity access gap using new technology and innovative financing. Nearly 600 million Africans lack electricity, which is crucial for development and job creation.

External Affairs Officer at the World Bank Group said, “Several heads of state and government from Africa will join more than 1,000 other participants—with strong representation from the private sector.

“Together, they will chart Africa’s course toward universal access to energy.

“The summit is expected to yield two significant outcomes: the Dar es Salaam Energy Declaration, outlining commitments and practical actions from African governments to reform the energy sector, and the first set of National Energy Compacts, which will serve as blueprints with country-specific targets and timelines for implementation of critical reforms.” she explained.

Leggelo-Padilla emphasised that in the first phase, 12 countries will present their energy compacts: Chad, Côte d’Ivoire, the Democratic Republic of Congo, Liberia, Madagascar, Malawi, Mauritania, Niger, Nigeria, Senegal, Tanzania, and Zambia. Other African countries are expected to develop their compacts in subsequent phases.

She therefore noted that the partnerships forged, and commitments made by the continent’s leaders and changemakers gathering in Dar es Salaam this week will shape the continent’s journey toward achieving universal energy access, transforming millions of lives, and driving sustainable development and job creation.