- The funding will strengthen technical assistance and institutional capacity across 15+ African countries.
- The Mission 300 initiative aims to provide electricity to 300 million people by 2030, unlocking US$50 billion in committed development finance.
- The focus includes clean cooking technologies and solar-powered infrastructure to support economic productivity.
The Rockefeller Foundation has announced a US$10 million funding injection to bridge the “execution gap” in Africa’s energy sector, aiming to unlock more than US$50 billion in committed development finance for the Mission 300 initiative. The programme, in collaboration with the World Bank and African Development Bank (AfDB), seeks to provide electricity to 300 million Africans by 2030.
The funding supports the Mission 300 Technical Assistance Facility, enhancing the capacity of Compact Delivery and Monitoring Units across more than 15 countries, including Burundi, Sierra Leone, Malawi, and Liberia. An expanded professional fellowship programme will embed African experts within government delivery units to streamline project preparation and reduce administrative delays.
The US$50 billion committed by the World Bank and AfDB serves as foundational capital, structured through concessional loans, guarantees, and blended finance vehicles to absorb first-loss positions and attract private institutional investment. Experts estimate Africa will need between US$450 billion and US$500 billion in power sector investment by 2030 to achieve universal electricity access.
As of March 2026, Mission 300 has delivered electricity access to roughly 44 million people, with a particular focus on clean cooking technologies and solar-powered infrastructure, including cold rooms and water pumps to enhance productivity.
The Technical Assistance Facility is establishing delivery units across 11 African countries namely: Burkina Faso, Chad, Côte d’Ivoire, DRC, Liberia, Madagascar, Malawi, Mozambique, Nigeria, Tanzania, and Zambia – as well as the COMESA regional organisation. These efforts, supported by the Rockefeller Foundation and the Global Energy Alliance for People and Planet, are designed to accelerate energy access and investment across the continent.
Author: Bryan Groenendaal
