NEWS AGENCY OF NIGERIA

African Energy Summit: Adesina calls for urgent action on electrification

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By Olawunmi Ashafa
Dr Akinwumi Adesina, President/Chairman, Board of Directors, African Development Bank (AfDB) Group, has called for urgent action on electrification for Africa to drive its development.
He made the call while speaking  on “Taking Africa’s Energy Agenda to the Next Level”, at the ongoing Mission 300 Africa Energy Summit on Monday in Dar es Salaam, Tanzania.
“I want to begin by thanking His Excellency President Zulu Aznani for hosting us in this beautiful country of Tanzania and everyone here for joining this global mission to ensure Africa has the electricity it needs to power itself,”  Adesina said.
He highlighted Africa’s pressing energy challenges, stating, “This continent loses  three to four  per cent of its GDP annually due to the lack of electricity.
“Over 571 million Africans remain without access to electricity, accounting for 83 per cent of the global population living without it. This must change.”
 Adesina underscored the need for collaboration among governments, private sector players, civil society, and development partners to address Africa’s energy crisis.
 “This isn’t about us as institutions; it’s about the millions of people without access to electricity. We must act for them. This summit must be action-driven,” he stressed.
He urged African governments to lead by example, calling for increased investments in power generation, transmission, and distribution infrastructure.
“Countries must prioritise last-mile connectivity, reform utilities, and reduce technical and financial losses. Regional power-sharing agreements are also crucial,” he added.
The Mission 300 initiative, a partnership spearheaded by the African Development Bank, the World Bank, and key global stakeholders, aims to provide electricity to 300 million Africans by 2030.
As part of this mission, energy compacts are being signed with 12 countries to ensure access for 145 million people.
 Adesina highlighted the importance of accountability, stating, “This is not a talking summit. It’s about delivering megawatts of power, not megawatts of talk.”
On private sector role and investment climate, Adesina acknowledged the private sector’s critical role in achieving energy goals, emphasising the importance of creating a conducive regulatory environment.
 “Private investors need predictable and transparent policies. The cost of capital in Africa is three to four times higher than in other regions, which must be addressed.
“The summit also underscores the broader implications of electrification for economic growth, job creation, and human dignity.
“Electricity is a human right. It powers education, healthcare, digitisation, and economic opportunities. Without it, we cannot develop,”  Adesina said.
The AfDB boss reaffirmed the commitment of the bank and its partners, urging all stakeholders to work together to make Mission 300 a success.
 “We cannot develop in the dark. Together, we will light up and power Africa,” he said.
Also, Mr Ajay Banga, President of the World Bank Group, while  highlighting progress made since the initiative’s launch in 2024, noted that regulatory reforms and geospatial mapping were helping to streamline efforts.
He added that the bank had financed partnerships, including a 30 billion dollar to 40 billion dollar commitment, aimed to transform energy access across the continent.
Meanwhile, Dr Rajiv Shah, President of the Rockefeller Foundation, commended the summit’s African-led approach.
He stated, “This effort must be African-led at every level. With over 30 heads of state committing to energy compacts and private sector engagement, this is an extraordinary moment.”

“An extraordinary gratitude and thanks to both Ajay and Akin for the leadership, they and their institutions, all the work that the teams have shown to bring us to this point.

“You’re right. The world should ask itself, does this summit in Tanzania matter? Will it deliver something that has a chance to be wildly successful? Frankly, at a time when a lot of global politics have moved toward a more inward and populist focus around our planet.

“I am extremely confident that the answer to that question is yes, and there are three core reasons why. The first is we all know, everyone in this room knows, in order to have any chance of being successful, this effort has to be African-led at absolutely every level.”

The summit aims to support the implementation of the Continental Master Plan and the African Single Electricity, while the 12 countries are expected to pledge reforms in low-cost power generation, regional energy integration, increased energy access, enabling private investment, and utility strengthening.

Tagged: ‘Mission 300 Africa Energy Summit’, and described as ‘’a landmark’’ convention, hosting African Heads of State and Government, the approach is to work toward increased infrastructure investment and comprehensive policy reforms across the entire electricity supply chain, to transform lives and improve livelihoods and communities across the continent.

Under the arrangement, over 1,000 participants from across Africa and beyond have assured the world to make the all-important event a crucial milestone engagement in the continent’s journey toward universal energy access. (NAN)

Edited by Folasade Adeniran

 

Africa Energy Summit : A defining moment for Mission 300

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By Olawunmi Ashafa (News Agency of Nigeria)

Energy poverty remains one of Africa’s greatest challenges, with nearly 600 million people across the continent lacking reliable access to electricity.

This lack of energy access hinders progress in education, healthcare, gender equality, and economic development.

Kevin Kariuki, Vice President for Power, Energy, Climate, and Green Growth, African Development Bank Group, said, “energy is the engine of development, without affordable, reliable, and sustainable electricity, Africa cannot achieve its developmental aspirations or secure its rightful place in the global economy.

“Energy access is the cornerstone of economic transformation, opening doors to education, healthcare, and income generation.

“Moreover, it fosters gender equality by reducing the time women spend on labour and time-intensive tasks such as cooking with traditional fuels or collecting for firewood.

“Mission 300’s success is therefore not just about electrification; it is about saving and empowering lives as well as communities. It is also about reducing greenhouse gas emissions and safeguarding biodiversity,”  he added.

In response, the African Development Bank Group and the World Bank Group, along with key partners, have launched Mission 300, an ambitious initiative aimed at delivering electricity access to 300 million Africans by 2030.

A crucial milestone in this initiative is the Africa Energy Summit, taking place in Dar es Salaam on Jan. 27, to Jan. 28.

“Yet, the path ahead is daunting. At the current pace of electrification, coupled with Africa’s rapid population growth, the number of people living without access to electricity could remain largely unchanged.

“Action, is therefore,  an imperative, and Mission 300 provides the roadmap to achieve universal energy access by 2030, consistent with the United Nations’ Sustainable Development Goal 7 and the African Union’s Agenda 2063,” he said.

On the role of Mission 300, he notes it will invest in new and rehabilitation of generation capacity, transmission systerns, including intra and regional interconnections.

Others, he adds , will be distribution grids to build robust and reliable power systems.

According to him, it will be complemented by reforms in the energy sector to ensure affordability and sustainability of electricity service, and financially viable utilities while partnerships with the private sector will assist in mobilising funding at the required speed and scale

In addition to providing electricity access from interconnected power systems, the vice president explained that, through Mission 300’s transformative vision, mini-grids, and stand alone solar home systems will be prioritised to provide electricity to underserved regions and communities.

This, he further stresses, include in fragile and remote areas where extending the interconnected grid is impracticable.

According to him, these Distributed Renewable Energy (DRE) solutions are amenable to easy and speedy roll out, cost effective, modular, sustainable, and can ensure that no community is left behind in the Mission 300 journey.

DRE solutions are projected to account for more that 50 per cent of new connections by 2030.

The summit will convene Heads of State, international organisations, energy experts, and private sector leaders to devise strategies for achieving universal energy access.

Key outcomes of the summit include: the Dar es Salaam Energy Declaration, a commitment to reforms and actions necessary for the success of Mission 300.

It includes 12 country energy compacts detailed, country-specific action plans, including least-cost power expansion models, renewable energy solutions, and private sector involvement.

The key objectives of Mission 300 are capacity building, which focuses on investments in generation capacity, transmission systems, and distribution grids to create affordable and sustainable electricity services.

It also involves deployment of mini-grids and solar home systems to reach underserved regions as well as enlisting new partners and mobilising financial resources to support the mission.

The Mission 300 will also allow leveraging renewable energy by harnessing Africa’s vast renewable energy resources amidst declining costs of renewable technologies.

Kariuki said, “Africa’s path to universal energy access is challenging, but it is also filled with unprecedented opportunities.

“With determination, innovation, and collaboration, we can transform Africa’s energy landscape and make history.”

The Africa Energy Summit is poised to be a transformative event, paving the way for Mission 300’s success.

The initiative calls for strong support from governments, development partners, the private sector and civil society.

By prioritising reforms, mobilising investments, and fostering partnerships, the continent can create a brighter, more sustainable future for millions of Africans. (NAN)

Edited by Folasade Adeniran

AfDB building

Africa targets electricity access for 300m people by 2030

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By Salif Atojoko

Dear es Salaam, Jan. 26, 2025 (NAN) How plausible is the target by African heads of states to grant access to electricity to 300 million people by 2030?

That is the task before the over 1,000 participants expected at the Mission 300 Africa Energy Summit, which kicks off in Dar es Salaam, Tanzania, on Jan. 27.

“It’s a tight journey because 2030 is only five years away and we have to deliver, not expected connections, but actual connections to 300 million by 2030,” says Mr Daniel Schroth, African Development Bank (ADB’s) Director for Renewable Energy and Energy Efficiency.

Schroth emphasised the urgency of implementation of Mission 300 Africa Energy Summit at a media briefing in Dar es Salaam.

Mr Franz Drees-Gross, World Bank Director of Infrastructure for West Africa, said Mission 300 represented not just an ambitious target but a movement.

“We are creating a lasting impact that will power Africa’s growth and enable millions of people to access the essential services electricity provides,” said Drees-Gross.

The World Bank Group and the ADB launched the initiative in April 2024 to bridge the energy access gap in Africa.

Mr Wale Shonibare, ADB’s Director for Energy Financial Solutions, Policy and Regulation, said the summit would unveil new initiatives aimed at boosting domestic resource mobilisation.

Shonibare said it would also encourage cross-border trade to spread risk and increase financing for energy access.

Already, the Global Energy Alliance for People and Planet (GEAPP) and The Rockefeller Foundation have committed $10 million to create a technical assistance facility supporting electricity projects across 11 African nations.

“What makes this initiative different from what institutions have done in the past is the ‘all hands-on deck approach’ with a lot of institutions working hand-in-hand to deliver the ambitious agenda,” explained Sarvesh Suri, IFC’s Director for Infrastructure in Africa.

About 12 countries, including Nigeria, the Democratic Republic of Congo, and Côte d’Ivoire, will pledge reforms in five key areas; low-cost power generation, regional energy integration, increased energy access, enabling private investment and utility strengthening.

The two-day summit is being hosted by the government of Tanzania, the African Union, the African Development Bank Group and the World Bank Group.

On the first day, at the ministerial level, participating countries, including Nigeria, will present their national energy strategies, termed compacts, detailing their approaches to achieving universal energy access within five years.

On the second day, Heads of State will endorse the Dar es Salaam Energy Declaration, outlining a unified roadmap for Africa’s progress towards the Mission 300 objectives.

President Tinubu will deliver a national statement reaffirming Nigeria’s commitment to achieving universal access to energy and its leadership role in Africa’s energy sector.

Hr will also highlight Nigeria’s ongoing clean energy initiatives and its strategy to drive integrated energy delivery on the continent.

Amb. Bianca Odumegwu-Ojukwu, Mr Adebayo Adelabu, Minister of State for Foreign Affairs, Minister of Power, Mr Olu Verheijen, the Special Adviser to the President on Energy, and other senior government officials will accompany President Tinubu on the trip. (NAN) (www.nannews.ng)

Edited by Chinyere Joel-Nwokeoma

Dr Akinwumi Adesina, Group President, African Development Bank (AfDB)

African Energy Summit in Tanzania to accelerate electricity access-AfDB

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By Olawunmi Ashafa

The African Development Bank Group (AfDB) is set to host the Mission 300 Africa Energy Summit in collaboration with the World Bank Group, the African Union (AU), and the Tanzanian government.

The bank said in a statement posted on its website that the summit, scheduled for Jan. 27 and Jan. 28, in Dar es Salaam, Tanzania, will bring together key stakeholders to address Africa’s critical electricity access challenges.

It said that the event would convene African heads of state, government officials, private sector leaders, development partners, civil society organisations and academics to advance the continent’s electrification agenda.

AfDB noted that central to the discussions would be the ambitious ‘Mission 300 plan’, a joint initiative by the bank and the World Bank launched in April 2024.

According to the bank, the initiative aims to connect 300 million people in Sub-Saharan Africa to electricity by 2030.

It added that, with nearly 600 million Africans lacking access, representing 83 per cent of the global energy deficit, the summit underscores the urgency of accelerating electrification efforts.

“Launched in April 2024 by the AfDB and the World Bank, the Mission 300 initiative seeks to combine increased infrastructure investments with comprehensive policy reforms across the energy supply chain.

“With nearly 600 million Africans lacking access to electricity, representing 83 per cent of the global energy deficit, the summit highlights the urgent need for action.

“The summit will serve as a crucial platform for stakeholders to exchange ideas, share best practices and mobilise resources to accelerate electricity access in Africa.

“Successful implementation of the Mission 300 plan is critical for economic growth, poverty reduction, and improved quality of life for millions of Africans,” it explained. (NAN)(www.nannews.ng)

Edited by Folasade Adeniran

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