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African Nations Seek to Connect 300 Million People to Power by 2030

Several African nations converged for an energy summit in Tanzania and committed to open up their electricity sectors to attract investors and light up homes of 300 million people in the next six years.

Launched by the World Bank and the African Development Bank, the plan dubbed “Mission 300” aims to unlock at least $90 billion in capital from multilateral development banks, development agencies, finance institutions, private businesses and philanthropies.

World Bank President Ajay Banga said multilateral development banks and commercial banks represented at the summit will use the country’s commitments to persuade their clients to invest in Africa’s energy sectors, said.

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Lagos Talks on 91.3 FM, is a radio station, operating the TALK Format. It is focused on creating and encouraging conversations about issues that affect all residents of Lagos. The conversations will be moderated by seasoned qualified professionals and subject matter experts, to ensure that all viewpoints are articulated, and all sides of the discussion are heard.

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