Mission 300 Secures Over $50 Billion to Deliver Power to 300 Million Africans by 2030

On March 16, 2026, the World Bank confirmed that more than $50 billion has been committed to Mission 300, a programme targeting electricity access for 300 million Africans by 2030. Since its launch in January 2025, the initiative has connected 44 million people, but analysts warn it must add about 50 million connections annually to stay on track. Backers including multilateral lenders and private investors are expanding funding and policy compacts as unreliable power continues to weigh on economic growth across the continent.