“Connecting People to Electricity” – OPEC Fund joins Mission 300 with a US$2 billion pledge

Supporting access to electricity for hundreds of millions of people, the OPEC Fund for International Development (the OPEC Fund) is joining Mission 300 with an up to US$2 billion pledge. The institution will initially commit US$1 billion to support the initiative and potentially contribute an additional US$1 billion following a progress and demand evaluation in 2027. Launched by the World Bank Group (WBG) and the African Development Bank (AfDB) in collaboration with partners, the initiative aims to connect 300 million people to electricity in sub-Saharan Africa by 2030. The OPEC…

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