$90B World Bank/AfDB Plan Starts Electrifying Africa
The World Bank and the African Development Bank have launched an ambitious $90 billion initiative to electrify Africa, aiming to provide electricity to 300 million people by 2030. This transformative plan begins with an initial pledge of $30 billion, marking a significant step toward addressing the energy crisis facing the continent. With around 600 million Africans currently lacking access to electricity, this initiative seeks to uplift some of the world’s poorest nations and enhance productivity across the region.
