Mission 300 #Powering Africa
The Mission 300 initiative led by the African Development Bank Group and World Bank Group together with other development partners to connect 300 million Africans to electricity by 2030 continues to gain momentum as more countries present energy compacts to achieve their national targets.
Mission 300 is a unique initiative that brings together African governments, the private sector, and development partners to deliver affordable power, expand electricity access, boost utility efficiency, attract private investment and improve regional energy integration that drives economic transformation. To accelerate energy access through Mission 300, the WBG will connect 250 million people to electricity and the AfDB another 50 million by 2030.
SUPPORTED BY
National Energy Compact Boardrooms
Purpose
At the Africa Capital Markets Forum eleven African countries will operationalise their Mission 300 commitments, each Compact is accompanied a high-level, investor-focused dialogue convened at the Forum:
These sessions transform policy ambition into investment action through a structured format:
Action
01
Opening framing by the Ministry of Energy to position the Compact as an investor pitch
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Investment readiness pitch by the Ministry of Finance, covering financing needs, reform progress, capital market integration, FX risk strategy, and the project pipeline.
02
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Investor feedback from private sector and market participants on the viability of proposed investments and identification of missing enablers.
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Structured dialogue on capital instruments, risk mitigation, and blended finance solutions.
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Closing commitments and asks from the government, development finance institutions, and investors.
03
Together, the Compacts and Boardrooms serve as a new model for coordinated, investable national energy strategies, anchored in reform, driven by local leadership, and supported by domestic capital.
