The Board of Directors of the African Development Bank (AfDB) approved a new USD 3.9 million, two-year technical assistance project, this weekend, to support the implementation of National Energy Compacts.
The project is linked to the Mission 300, an initiative of the AfDB–World Bank, to connect 300 million Africans to electricity by 2030.
Energy Compacts are national plans in which governments set out how they will expand electricity access, strengthen their power sectors, and attract investment.
The new project, known as AESTAP Mission 300 Phase II, is expected to assist with technical support to 13 Mission 300 countries over the next 24 months.
Countries set to benefit are Chad, Gabon, Tanzania, Mauritania, DRC, Kenya, Nigeria, Madagascar, Ethiopia, Malawi, Lesotho, Namibia, and Uganda.
Wale Shonibare, Director of Energy Financial Solutions, Policy and Regulation at the AfDB, said, “countries have made bold commitments through their energy compacts. Now, through AESTAP Mission 300 Phase II, we are helping them implement those commitments so that more households, entrepreneurs, and communities actually get electricity.”
Shonibare also said the newly launched project follows the approval of AESTAP Mission 300 Phase I in December 2025, which provided about USD 1 million to help countries set up and run their Compact Delivery and Monitoring Units (CDMUs).