{"id":95639,"date":"2025-09-24T23:59:41","date_gmt":"2025-09-24T23:59:41","guid":{"rendered":"https:\/\/sotnews.agency\/?p=95639"},"modified":"2025-09-24T23:59:41","modified_gmt":"2025-09-24T23:59:41","slug":"ghana-backs-world-bank-led-mission-300-to-end-energy-poverty-by-2030","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=95639","title":{"rendered":"Ghana backs World Bank-led Mission 300 to end energy poverty by 2030"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>2 Minute, 13 Second <\/div>\n\n <\/div>
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Ghana has joined 16 other African countries in endorsing a National Energy Compact under Mission 300<\/em>, a bold World Bank Group and African Development Bank initiative to connect 300 million Africans to electricity by 2030.<\/p>\n

At the Bloomberg Philanthropies Global Forum, President John Mahama pledged Ghana\u2019s commitment, stressing that universal access to energy was central to the country\u2019s fight against poverty and inequality. <\/p>\n

\u201cGhana believes universal energy access is key to empowering businesses, reducing poverty, and creating equal opportunities. <\/p>\n

\u201cThis goal can only be achieved through strong government\u2013private sector partnerships, supported by an enabling environment for sustainable investment,\u201d he said.<\/p>\n

The Mission 300 program has already connected 30 million people since its launch, with more than 100 million additional connections in the pipeline, according to World Bank Group President Ajay Banga. <\/p>\n

\u201cElectricity is the bedrock of jobs, opportunity, and economic growth. That\u2019s why Mission 300 is more than a target\u2014it is forging enduring reforms that slash costs, strengthen utilities, and draw in private investment,\u201d he explained.<\/p>\n

Across the continent, leaders echoed the urgency of tackling energy poverty. Kenya\u2019s President William Ruto said his country was working to achieve universal electricity access and clean cooking by 2030, while Ethiopia\u2019s President Taye Atske Selassie highlighted plans to unlock vast renewable resources and boost regional interconnections. <\/p>\n

Mozambique\u2019s President Daniel Chapo pledged to consolidate his country\u2019s role as a regional energy powerhouse by exporting clean power to neighbours.<\/p>\n

In Sierra Leone, President Julius Maada Bio described his country\u2019s compact as \u201cthe most ambitious and comprehensive energy infrastructure initiative ever developed\u201d for its people. <\/p>\n

Meanwhile, Cameroon\u2019s President Paul Biya emphasised a shift toward renewables to build a low-carbon future, and the Republic of Congo pointed to its 27,000 MW hydroelectric potential as a game-changer for both national and continental power supply.<\/p>\n

African Development Bank Group President Dr. Sidi Ould Tah underscored why Mission 300 is transformative. <\/p>\n

\u201cReliable, 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\u2019ve given them a paycheck,\u201d he noted.<\/p>\n

National Energy Compacts, the building blocks of the initiative, serve as tailored blueprints that integrate reforms in infrastructure, financing, and policy. <\/p>\n

Earlier this year, another 12 countries, including Nigeria, Senegal, and C\u00f4te d\u2019Ivoire, endorsed their own compacts, collectively pledging over 400 policy actions to strengthen utilities, reduce investor risk, and eliminate bottlenecks.<\/p>\n

With Ghana now fully on board, President Mahama\u2019s call for private-sector partnerships highlights the challenge ahead: matching political commitments with real investments and reforms to deliver electricity for all.<\/p>\n<\/div>\n

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\"GhanaGhana has joined 16 other African countries in endorsing a National Energy Compact under Mission 300, a bold World Bank Group and African Development Bank initiative to connect 300 million Africans to electricity by 2030.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2935,158,1900,9195,1883,10,9,1870],"tags":[],"class_list":["post-95639","post","type-post","status-publish","format-standard","hentry","category-electricity","category-energy","category-hp-news-2","category-mission-300","category-national","category-politics","category-popular","category-world-bank"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/95639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=95639"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/95639\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=95639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=95639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=95639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}