Tag: #AfricaEnergy
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WORLD BANK UNVEILS IFC2030 STRATEGY TO BOOST PRIVATE CAPITAL AND JOB CREATION
Big moves ahead to create jobs globally! World Bank President Ajay Banga announced the IFC2030 strategy, designed to mobilise private capital and turbocharge economic growth by strengthening partnerships between governments and businesses. Banga explained how the journey shifts from public sector-led early growth to private sector-driven job creation. The strategy hinges on building strong infrastructure,…
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ADESINA: AFRICA HAS HUGE RENEWABLE ENERGY POTENTIAL BUT 600 MILLION LACK ELECTRICITY
Dr. Akinwumi Adesina, outgoing AfDB President, spotlighted Africa’s massive renewable energy resources—solar, hydro, wind, and geothermal—during the 2025 Standard Chartered Bank Africa Summit in Lagos. Yet, 600 million Africans remain without electricity. He urged massive investments to close this gap and fuel industrial growth. Adesina revealed the AfDB-World Bank’s Mission 300 aims to connect 300…
