Africa launches $176m energy access fund to power 30m people

Businessday | 18-06-2026 11:55am |

A coalition of energy leaders has announced the launch of a $176 million energy access fund aimed at providing electricity to 30 million people across Africa. The initiative was unveiled in Cape Town, where discussions highlighted the continent's ongoing challenges with electricity supply. The fund is expected to support various projects that enhance energy access and promote sustainable solutions in underserved regions. This effort is part of a broader strategy to address Africa's significant electricity deficit and improve the quality of life for millions of residents.

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