Power access gap widens rather than narrows

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In the race to electrify, Africa is falling behind. The continent needs $250 billion annually to achieve universal access by 2030 but attracts barely a tenth of that. A new report by the International Energy Agency (IEA) says that weak financing, policy delays and struggling utilities continue to slow progress — regardless of falling solar and battery prices.

  • Still, Renewables Rising tracks funding flows, projects and policy developments, and 2025 has already seen commitments exceeding $100 billion, with initiatives like Mission 300 driving policy reforms across 29 African countries. 

  • Though still early, these developments suggest that hope is not lost and a growing measure of investment is in the pipeline.

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