World Bank, AfDB to provide energy access to 250m Africans by 2030

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World Bank, AfDB to provide energy access to 250m Africans by 2030
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The World Bank Group and the African Development Bank (AfDB) yesterday committed to providing energy access to 250million people in Africa by 2030.

The World Bank Group and the African Development Bank yesterday committed to providing energy access to 250million people in Africa by 2030.President, Dr. Akinwunmi Adesina, made the pledge during the ‘Energising Africa’ event held yesterday at the on-going Spring Meetings of the World Bank and the International Monetary Fund in Washington DC, USA.Meanwhile, Adesina said no economy could industrialised in the dark.

“We spent a lot of money trying to create jobs. You can’t create jobs without energy. Energy is like blood in the body of businesses. Economies thrive on energy. Banga said, “Over 600 million people in Africa have no access to any form of power. For me that is absolutely an unacceptable situation. “Without power, people won’t have good health, good education, manufacturing. Power is the means of eliminating poverty, ensure productivity and grow the economy.

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