The World Bank says Africa is making significant progress in expanding access to electricity, with 50 million people already connected under the Mission 300 initiative.

Addressing delegates at the Africa Energy Forum in Cape Town, World Bank Group President Ajay Banga said the continent is now connecting people to power at nearly twice the rate seen before the programme began.

He credited African governments, development partners and private investors for driving reforms and investments aimed at providing electricity to 300 million Africans by 2030.

Our economics reporter, Innocent Semosa, is attending the forum and filed this report...

The World Bank says Africa is making significant progress in expanding access to electricity, with 50 million people already connected under the Mission 300 initiative.
Addressing delegates at the Africa Energy Forum in Cape Town, World Bank Group President Ajay Banga said the continent is now connecting people to power at nearly twice the rate seen before the programme began.
He credited African governments, development partners and private investors for driving reforms and investments aimed at providing electricity to 300 million Africans by 2030.
Our economics reporter, Innocent Semosa, is attending the forum and filed this report...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

World Bank: 50 million gain electricity access in Africa

As concerns over migration continue to spark debate across the African continent, questions are being raised about the impact of growing anti-immigrant sentiment on regional integration and the success of the African Continental Free Trade Area (AfCFTA).

Rwanda’s Minister of Foreign Affairs and International Cooperation, Olivier J.P. Nduhungirehe, has called for migration to be viewed through a broader continental lens. He emphasised the need for legal and orderly movement of people, while also addressing the root causes that force many Africans to leave their home countries.

Channel Africa’s Economics Reporter, Innocent Semosa, has more.

As concerns over migration continue to spark debate across the African continent, questions are being raised about the impact of growing anti-immigrant sentiment on regional integration and the success of the African Continental Free Trade Area (AfCFTA).
Rwanda&rsquo;s Minister of Foreign Affairs and International Cooperation, Olivier J.P. Nduhungirehe, has called for migration to be viewed through a broader continental lens. He emphasised the need for legal and orderly movement of people, while also addressing the root causes that force many Africans to leave their home countries.
Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.

Rwanda calls for continental approach to migration amid African trade debate

In today’s market segment, the focus is on South Africa’s employment and growth outlook for 2026, as well as the performance of the country’s mining and manufacturing sectors amid global commodity price volatility.

To provide further insight, FNB Senior Economist Thanda Sithole joins the discussion.

In today&rsquo;s market segment, the focus is on South Africa&rsquo;s employment and growth outlook for 2026, as well as the performance of the country&rsquo;s mining and manufacturing sectors amid global commodity price volatility.
To provide further insight, FNB Senior Economist Thanda Sithole joins the discussion.

Africa market update with FNB’s senior economist Thanda Sithole

Kenya’s plans to expand Jomo Kenyatta International Airport (JKIA) in Nairobi are under scrutiny over concerns relating to procurement, transparency and the legitimacy of the firms involved. The project initially began as a proposed partnership with India’s Adani Group but has since evolved into a political storm, with allegations surrounding procurement processes and transparency.

To provide an update on developments, Solomon Ekanem, Editor of Business Insider Africa, joins the discussion.

Kenya&rsquo;s plans to expand Jomo Kenyatta International Airport (JKIA) in Nairobi are under scrutiny over concerns relating to procurement, transparency and the legitimacy of the firms involved. The project initially began as a proposed partnership with India&rsquo;s Adani Group but has since evolved into a political storm, with allegations surrounding procurement processes and transparency.
To provide an update on developments, Solomon Ekanem, Editor of Business Insider Africa, joins the discussion.

World Bank: 50 million gain electricity access in Africa

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