United Nations and International Solar Alliance Collaborate to Accelerate Renewable Energy Development in Africa

The United Nations and the International Solar Alliance are partnering to provide Africa with technical and financial support to enhance accelerated renewable energy development. The collaboration aims to complement efforts for the realisation of the World Bank's Mission 300, which seeks to catalyse decisive action and drive sustainable energy solutions on the continent by 2030. Ms Damilola Ogunbiyi, the Chief Executive Officer of the Sustainable Energy for All, noted that programmes like Mission 300 demonstrate the power of public-private partnerships to electrify 300 million Africans, with US$48 billion in concessional funding.

Key Takeaways:

  • The United Nations and International Solar Alliance are collaborating to provide Africa with technical and financial support to accelerate renewable energy development.
  • The collaboration aims to complement efforts for the realisation of the World Bank's Mission 300, which seeks to catalyse decisive action and drive sustainable energy solutions on the continent by 2030.
  • Ms Damilola Ogunbiyi, the Chief Executive Officer of the Sustainable Energy for All, noted that programmes like Mission 300 demonstrate the power of public-private partnerships to electrify 300 million Africans, with US$48 billion in concessional funding.
  • Africa attracts less than three per cent of global solar investments, despite possessing some of the world's most abundant solar resources.
  • The continent stands at the intersection of vast renewable energy potential and urgent development needs.
  • More than 600 million people on the continent lack access to electricity, threatening the realisation of the Sustainable Development Goal (SDG) Seven.
  • The Africa Solar Facility (ASF) is being launched with a target of US$200 million to offer flexible, cost-effective, and impactful financial solutions to catalyse solar projects across the continent.
  • Ghana's former Minister of Finance and Economic Planning, Seth Terkper, urged participants to stride to work on practical solutions for financing, skills development, digital innovation, and integrating artificial intelligence into energy systems.
  • Africa requires about US$90 billion annually to achieve universal energy access by 2030.

Statistics:

  • US$48 billion: Concessional funding for the World Bank's Mission 300 programme.
  • 300 million: Number of Africans that programmes like Mission 300 aim to electrify.
  • 3%: Percentage of global solar investments that Africa attracts, despite possessing some of the world's most abundant solar resources.
  • US$200 million: Target for the Africa Solar Facility (ASF) to catalyse solar projects across the continent.
  • US$90 billion: Annual funding required by Africa to achieve universal energy access by 2030.

Sources:

  • 04 September 2025 (Ghana News Agency)
  • United Nations (UN)
  • International Solar Alliance (ISA)
  • World Bank
  • Sustainable Energy for All
  • Africa Solar Facility (ASF)
  • Ghana's Ministry of Finance and Economic Planning