The Rockefeller Foundation and Global Energy Alliance for People and Planet commit over $100 million to Mission 300

The Rockefeller Foundation and the Global Energy Alliance for People and Planet have pledged over $100 million to support Mission 300. This initiative, led by the World Bank Group and African Development Bank, aims to provide electricity access to 300 million Africans by 2030. The funding is specifically allocated to bolster delivery capacity, mobilize further investment, and accelerate project execution across the continent.

Counterparts (4)

Investor

The Rockefeller Foundation

company

The Rockefeller Foundation is a philanthropic organization established in 1913 with an endowment of approximately $6.3 billion (as of 2022). It focuses on promoting the well-being of humanity worldwide, with significant initiatives in climate resilience, energy transition, food systems, and health, often employing catalytic capital and blended finance approaches in developing countries.

G

Global Energy Alliance for People and Planet

company

Partner

W

World Bank Group

company

A

African Development Bank

company

Abidjan-based multilateral development bank established in 1964, providing financial and technical support for infrastructure and development projects across all 54 African countries. Focuses on energy, transport, digital, and social infrastructure, with total assets of approximately $48.6 billion.