AIIB and IsDB pledge around $6 billion for Africa electrification push
- The Africa Energy Summit aims to deliver electricity to 300 million Africans by 2030, as stated by the World Bank Group and the African Development Bank Group.
- Mission 300, launched in April 2024, addresses the energy gap affecting nearly 600 million Africans without power.
- The summit will result in the Dar es Salaam Energy Declaration, committing African governments to fast-track energy access and promote renewable energy.
- The World Bank plans to spend $30-40 billion on the initiative, with the African Development Bank contributing $10-15 billion.
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Coverage Details
Total News Sources0
Leaning Left2Leaning Right3Center3Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 25%
C 37%
R 38%
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