• $15bn financing deployed, $4.5bn co-funding attracted for projects

•Development partners pledge over $7bn in support

Emmanuel Addeh in Abuja

The World Bank Group and the African Development Bank (AfDB) yesterday announced that Mission 300, a joint initiative by the organisations, has connected 4.5 million Nigerians and over 50 million Africans to electricity across 40 countries on the continent.

Describing it as a major milestone toward the initiative’s goal of reaching 300 million people by 2030, they stressed that Mission 300 is now delivering electricity access at nearly double the pace recorded at the start of the initiative.