World Bank starts US$90bil plan to electrify Africa


REUTERS/Johannes P. Christo

CAPE TOWN: A plan to bring electricity to 300 million Africans by 2030, backed by an initial pledge of US$30bil from the World Bank and the African Development Bank, has begun to be implemented with an assessment of the first potential beneficiaries.

Some of the world’s most prominent climate organisations – the Rockefeller Foundation, Global Energy Alliance for People and Planet (GEAPP) and Sustainable Energy For All – last Friday announced the formation of a technical assistance facility to examine projects and help secure funding for those that qualify for the programme known as Mission 300.

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