Ghana has thrown its weight behind one of Africa’s most ambitious development drives yet, universal electricity access by 2030 aligning with 16 other nations in the World Bank and African Development Bank’s (AfDB) flagship Mission 300 initiative.
President John Mahama announced the pledge at the Bloomberg Philanthropies Global Forum, underscoring that reliable power is not just a convenience but a cornerstone of Ghana’s economic future.
“Ghana believes universal energy access is key to empowering businesses, reducing poverty, and creating equal opportunities,” Mahama said.
“This goal can only be achieved through strong government–private sector partnerships, supported by an enabling environment for sustainable investment.”
Mission 300 aims to connect 300 million Africans to electricity within the next five years. According to the World Bank, 30 million people have already been connected since the launch, with another 100 million links underway. At its core are National Energy Compacts—country-level strategies that map out investments, reforms, and policy innovation to drive electrification at scale.
Ghana’s endorsement joins a growing wave of continental commitments. Botswana’s President Duma Boko vowed that his nation’s compact will deliver “accessible, reliable and affordable energy as a basic human need” to power job creation and economic transformation. Cameroon’s President Paul Biya promised sweeping reforms to accelerate renewable energy and chart a low-carbon path forward.
Global financial leaders are framing the initiative as a generational turning point. World Bank President Ajay Banga called electricity “the bedrock of jobs, opportunity, and economic growth,” adding that Mission 300 is “forging enduring reforms that slash costs, strengthen utilities, and draw in private investment.”
African Development Bank President Dr Sidi Ould Tah was equally emphatic: “Reliable, affordable power is the fastest multiplier for small and medium enterprises, agro-processing, digital work, and industrial value-addition. Give a young entrepreneur power, and you’ve given them a paycheck.”
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