Together with partners, the World Bank Group has already begun efforts to deploy innovative financial and technical solutions that are essential for accelerating electrification rates that outpace population growth.
The topic of the lack of access to electricity by 400 million sub-Saharan African people will feature in a discussion to be held by the World Bank at its Spring meeting held between April 15 and 20.
According to the Bank’s news update sent to ACE Magazine on Friday, the essential topic will be the major focus of the meeting which it advocates participants to join online.
The notice stated that “Over half a billion people in Sub-Saharan Africa are at risk of being left behind without electricity access by 2030, with nearly 400 million of them living in countries subject to fragility, conflict, and violence.
Africa is where the energy access battle will be won or lost. Without access to reliable, affordable, and sustainable energy, the region will not reach its development aspirations or achieve an economic transformation that can lift millions out of poverty.”
