2 ENERGY THE MISSION 300 (M300) INITIATIVE INTRODUCTION Africa has significant energy resources, but more than 600 million Africans were still without electricity in 2023. To address this energy poverty, in 2023 the African Caucus, comprising the Governors of the IMF and the World Bank Group, requested the WBG develop a continental strategy, leading to the “Mission 300” initiative. This program, jointly implemented by the World Bank Group and the African Development Bank — with the support of international partners such as the Rockefeller Foundation, the Global Energy Alliance for People and Planet, and Sustainable Energy for All — aims to connect an additional 100 million people to reliable and sustainable energy by 2030, particularly in rural and underserved areas, by leveraging a combination of investments, policy reforms, and technical assistance. The official launch of the program took place during the Summit of Heads of State in Dar es Salaam, Tanzania, in January 2025. SCAN ME KEY AREAS OF INTERVENTION The program’s main lines of intervention are structured around the following priorities: Develop electrical connections, modernize infrastructure, and enhance supply reliability. Expansion and modernization of traditional electricity grids in underserved areas Disseminate clean cooking solutions to reduce biomass usage, improve household health, and contribute to climate objectives. Promotion of clean cooking Promote mini-grids — including solar mini-grids — and renewable energy sources, particularly in rural areas. Deployment of off-grid solutions Support structural reforms, improve the efficiency of public utilities, attract private investment, and strengthen regional integration. Energy sector reforms Promote the mobilization of public and private funding for energy projects. Mobilization of public and private financing E N E R G Y
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