At least 30 African Heads of State and governments pledged to implement reforms to
improve access to reliable, affordable, and sustainable electricity during the Mission 300
Africa Energy Summit in Dar es Salaam, Tanzania. They also committed to driving
economic growth, job creation, and improved living standards.
The Dar es Salaam Energy Declaration, a major step in closing Africa’s energy gap, will
be submitted to the African Union Summit for adoption. Of the 600 million people
without electricity, the initiative seeks to connect 300 million people to electricity by 2030
while efforts to do more will continue.
Among the key players are African countries led by the host nation, Tanzania under the
leadership of President Samia Suluhu Hassan. Twelve of these African nations,
including Chad, Nigeria, Côte d’Ivoire, Liberia and others have launched National
Energy Compacts. These plans set clear targets for expanding renewable energy,
attracting private investment, and boosting utility efficiency. Using satellite and digital
mapping, they identify cost-effective ways to connect underserved communities to
ensure long-term energy solutions. Other key players are the African Union, African
Development Bank (AfDB) led by Akinwunmi Adesina, and World Bank Group, headed
by Ajay Banga, with support from the Rockefeller Foundation, philanthropies, and the
private sector among others.
Major financial commitments announced at the Mission 300 Summit include:
- African Development Bank Group and World Bank Group: Promised to allocate
$48 billion to Mission 300 by 2030. - Agence Française de Développement (AFD): Pledged €1 billion to support
energy access in Africa. - Asian Infrastructure Investment Bank (AIIB): Committed between $1 billion and
$1.5 billion for Mission 300. - Islamic Development Bank (IsDB) Group: Pledged $2.65 billion for energy
access from 2025 to 2030. - OPEC Fund: Announced an initial $1 billion commitment for Mission 300, with
further financing to follow. - World Bank Group and African Development Bank Group: Launched Zafiri, an
investment company supporting private-sector-led solutions like renewable
mini-grids and solar home systems. Zafiri’s anchor partners will invest up to $300
million in its first phase, aiming to mobilise up to $1 billion to close Africa’s equity
gap in these markets.