Search

Africa’s Energy Compact Targets Electricity Access for 300 Million

Angola to Sell 4 Gigawatts
© Pexels
  • $85 billion plan aims to expand power infrastructure across 12 African nations.
  • Regional power pools seen as vital for stability and clean energy integration.

Abuja, Nigeria – Regional power pools are set to play a pivotal role in a new initiative to provide electricity to 300 million more Africans within five years. Backed by the African Development Bank (AfDB) and the World Bank, the plan was unveiled at a two-day summit in Dar es Salaam, Tanzania, on January 27-28.

Recent Business

Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
WAEMU goes digital to overhaul West Africa’s government bond trading
Read More »
Critical mineral. Photo by Claudio Grande @ Unsplash
US–China minerals battle: Is Africa at the table or on the menu?
Read More »
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia rolls out automated interbank FX platform to deepen market transparency
Read More »

Recent Politics

Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »

Latest Posts

Latest news insights