Dr. Rajiv J. Shah, President of The Rockefeller Foundation, said: "Whether our collective future is defined by crisis or opportunity depends on big bets like Mission 300—the most important global development undertaking in decades. Empowering 300 million Africans by 2030 will require us to more th Contact online >>
Dr. Rajiv J. Shah, President of The Rockefeller Foundation, said: "Whether our collective future is defined by crisis or opportunity depends on big bets like Mission 300—the most important global development undertaking in decades. Empowering 300 million Africans by 2030 will require us to more than double the current speed of electrification. That is only possible if we try new things, working in new ways with new partners at a scale previously unimaginable. This growing public-private alliance will prove what''s possible."
Receiving nearly three dozen requests for technical assistance since August, the TA facility builds upon the innovative capacities at The Rockefeller Foundation''s public charity, RF Catalytic Capital (RFCC), and GEAPP, which has more than 50% of its current portfolio by value invested in Africa. This includes 63 projects in more than 20 African countries, and GEAPP is already working intensively with the AfDB and World Bank to design and accelerate electrification efforts in several African markets.
A joint governance body was also created to help drive accountability across stakeholders, monitor progress, and ensure that nimble operational structures are being enabled and that resources are aligned to deliver accelerated country-led results. The group is co-chaired by the CEO of SEforALL, Damilola Ogunbiyi, and it includes senior leaders from the AfDB, World Bank, GEAPP, and The Rockefeller Foundation.
Alongside the new TA Facility, GEAPP, SEforALL, The Rockefeller Foundation, RFCC, and other partners are co-developing additional initiatives to help advance M300 across productive use of energy, local currency financing, support to developers, pooled procurement, and global advocacy.
In addition, Andrew Herscowitz, the former head of Power Africa, has been appointed Chief Executive Officer of the M300 Accelerator to help coordinate and accelerate progress on the M300 effort through RFCC. In collaboration with GEAPP and SEforALL, the M300 Accelerator is supporting AfDB and World Bank efforts to secure energy compact signings with African governments and providing assistance through the new TA Facility, while laying the groundwork to scale assistance across all sub-Saharan African countries over the coming years.
Electrifying 300 million people in Africa will create jobs, drive economic development, and reduce poverty overall. The partners aim to unlock a capital stack of at least $90 billion from MDBs, development agencies, finance institutions, private businesses, and philanthropy.
Another source of funding could be through the International Monetary Fund''s Resilience and Sustainability Trust (RST), which helps low-income and vulnerable middle-income countries build resilience to external shocks and ensure sustainable growth, contributing to their longer-term balance of payments stability.
A charitable offshoot of The Rockefeller Foundation, RF Catalytic Capital (RFCC) enables foundations, impact investors, businesses, governments, and other like-minded funders to combine their resources to build funding solutions for social impact and bring about transformational change. RFCC leverages The Rockefeller Foundation''s expertise and resources while collaborating with partners and investors to multiply impact and helps to transform today''s greatest challenges into collaborative solutions. For more information please visit
Arlington, VA – Today, the U.S. Trade and Development Agency announced that it has awarded a grant to Cote d''Ivoire''s Ministry of Finance for a feasibility study to help state-owned utility Côte d''Ivoire Energies (CI-Energies) deploy a power grid emergency control system. This system, expected to be the first of its kind in Africa, will increase access to electricity and help stabilize the national grid to mitigate and prevent blackouts throughout the country. CI-Energies has selected Washington State-based Schweitzer Engineering Laboratories (SEL) to conduct the study.
"USTDA''s partnership with Côte d''Ivoire continues to grow. Our latest collaboration is a significant step toward strengthening reliable energy access in the country," said Enoh T. Ebong, USTDA''s Director. "This project not only addresses Côte d''Ivoire ''s immediate energy needs but also supports regional energy integration and expands opportunities for U.S. companies to provide their technologies and services."
"The feasibility study of the RAS system is a first on an electrical system in Africa, and CI-Energies is honored to carry out such a study within the framework of the technical support of USTDA," said Mr. Noumory Sidibe, Director General of CI-Energies. "This grant will allow us to strengthen the efficiency and resilience of the Ivorian electricity grid by minimizing the risk of large-scale disturbances. We have high expectations regarding the study''s results and are confident in the capacity of SEL selected to carry out this study."
U.S. Ambassador to Côte d''Ivoire, Jessica Davis Ba, said: "This collaboration demonstrates the deep and enduring partnership between the United States and Côte d''Ivoire and our commitment to shared prosperity for all Ivoirians. A stronger national electricity grid means better service, cheaper energy, and greater opportunities for industrial development and American investment."
USTDA''s support for this project also advances the Partnership for Global Infrastructure and Investment, USTDA''s Global Partnership for Climate-Smart Infrastructure and the U.S. government''s Power Africa and Prosper Africa initiatives.
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities that develop sustainable infrastructure and foster economic growth in partner countries.
Ultimately, NEDA, including through the PEPT, will connect 1,834,056 persons, more than half of whom are women, to the power grid and cover 20% of Côte d''Ivoire''s new connections, which will be required if the country hopes to achieve universal access to electricity. More than 3,440 kilometers of new climate-resilient distribution lines will supplement the existing network through PRONEX.
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