Transcript
A (0:06)
This is the development podcast from the World Bank Group. I'm Lindy Mtonganna. Welcome. In this month's episode, powering how the continent's economic growth can be supercharged through energy access. With hundreds of millions of African households and businesses still not connected to reliable power, we're asking why affordable and sustainable energy is so crucial for the dynamic young continent and how it can be achieved. We're taking a closer look at Mission 300, an ambitious plan from the World Bank Group and partners which will link 300 million people to electricity by 2030. We travel to the Tanzanian Spice Islands of Zanzibar and hear the daily struggles of one female entrepreneur when when it comes to powering her business.
B (0:58)
So there have been instances where we actually work at night in order to be able to complete orders or more electricity intense processes.
A (1:07)
We'll hear from the World Bank Group about what will be needed to implement this initiative.
C (1:11)
Mission 300 is really about partnership. We can't do it alone. Government can't do it alone. The private sector can't do it alone.
A (1:20)
And we'll hear from one leading voice in the private sector, Axiom Group.
D (1:24)
This is a real change. We're walking the talk and we're making impact and positive change.
A (1:30)
All that and more on the development podcast from the World Bank Group. Hello, everyone. As you've just heard, we have a lot to squeeze into this episode, but before we do that, I'd just like to thank our past host and introduce myself, Linda. I'm Lindim Tongana, a journalist and news anchor by trade now based at ifc. As you probably know, it is the part of the World Bank Group focused on working with the private sector. I'm excited to be at the helm of the development podcast and look forward to us getting to know each other better. Let's get back to our discussion for today on power. Many of us take turning on a light switch or connecting our devices to a home wi fi network for granted. If our phones need charging, we plug them in. If we want hot water, we boil a kettle. These are things we don't often think about because we don't have to. But around 600 million people in Sub Saharan Africa still live without access to electricity. And that 600 million represents about 83% of the world's population with no electricity access. A lack of reliable electricity, blackouts, intermittent power or no power at all are not just inconveniences. They are holding back Africa's economic progress. Doing homework by torchlight or having to skip it hampers education Businesses cannot function reliably. Vaccines can't be stored. Food cannot be refrigerated. Schools and hospitals cannot provide essential services. Relying on diesel generators is not a long term solution. And these have a big impact on the planet. The World Bank Group announced last year that it would partner with the African Development bank and others to tackle these very problems. The partnership created an ambitious plan to bring electricity to 300 million people by 2030. And moving forward with that plan was the focus of the Mission 300 Africa Energy Summit, a recent gathering of leaders partners in the private sector in Tanzania. Now there heads of state committed to concrete energy reforms. 12 African countries launched detailed action plans to scale up energy access. And partners pledged more than $50 billion in support of energy transformation in Africa. Here's Tanzania's president, Samir Suluhu Hassan.
