Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Korea Republic wins 2-1 over Czechia at World Cup

    June 12, 2026

    Mexico beat South Africa 2-0 in World Cup 2026 opener

    June 12, 2026

    FIFA World Cup 2026 opens with Mexico City ceremony

    June 12, 2026
    Jacksonville ReportJacksonville Report
    • Home
    • Contact Us
    • Disclaimer
    • Automotive

      Ford recalls nearly 420,000 SUVs over seat belt issue

      June 4, 2026

      Mercedes-Benz USA unveils 2027 S-Class with MB.OS tech

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026

      New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

      November 19, 2025

      Toyota launches major $10B battery facility in North Carolina

      November 14, 2025
    • Business

      Gold rebounds from six-month low as inflation data looms

      June 11, 2026

      Oil prices climb over $2 on Hormuz and inventories

      June 11, 2026

      Gold rebounds from six-month low as inflation data looms

      June 11, 2026

      U.S. stocks end mixed as tech volatility hits Nasdaq

      June 10, 2026

      Global oil prices fall as Brent crude drops over 4%

      June 10, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Hollywood debate grows after Ben Affleck questions AI disruption

      January 27, 2026

      Fantastic Four drives highest Marvel opening since Deadpool

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      New York bromate bill puts pizza and bagels in focus

      May 23, 2026

      Revolution drug extends survival in pancreatic cancer

      April 15, 2026

      California produce review finds PFAS on 37% of samples

      March 30, 2026

      FDA probes E. coli outbreak tied to Raw Farm cheddar

      March 17, 2026

      Nasal spray vaccine shows broad protection in mice

      February 21, 2026
    • Lifestyle

      Apple and ISSEY MIYAKE unveil new 3D-knit iPhone Pocket

      November 13, 2025

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Guterres demands release of UN personnel held in Yemen

      June 11, 2026

      Tropical Storm Amanda forms over open Pacific waters

      June 4, 2026

      Chemical tank failure kills 11 at Washington mill

      June 1, 2026

      Meteor blast over New England traced to natural fireball

      June 1, 2026

      Trump names Tom Barrack envoy to Syria and Iraq

      June 1, 2026
    • Sports

      Korea Republic wins 2-1 over Czechia at World Cup

      June 12, 2026

      Mexico beat South Africa 2-0 in World Cup 2026 opener

      June 12, 2026

      FIFA World Cup 2026 opens with Mexico City ceremony

      June 12, 2026

      US Canada Mexico enhance information sharing on World Cup drone threats

      August 6, 2025

      Russia develops AI robot to boost athletic performance

      July 18, 2025
    • Technology

      Apple launches Siri AI upgrade across major devices

      June 9, 2026

      YouTube Premium adds podcast tools as free tier runs ads

      June 1, 2026

      Meta rolls out paid plans for Instagram, Facebook and WhatsApp

      May 30, 2026

      SpaceX Starship V3 flies after last-minute launch scrub

      May 23, 2026

      SpaceX annual launch target puts FAA oversight in focus

      May 21, 2026
    • Travel

      Maine tourism feels strain as Canadian travel drops

      March 30, 2026

      Houston Bush airport warns of four-hour TSA lines

      March 26, 2026

      US winter storm disrupts flights nationwide

      March 17, 2026

      U.S. inbound travel declined in 2025 even as global tourism rose

      January 28, 2026

      New York travel advisories continue as statewide emergency stays active

      January 27, 2026
    Jacksonville ReportJacksonville Report
    Home » Renewable energy investment in Africa surges with EU-World Bank support
    News

    Renewable energy investment in Africa surges with EU-World Bank support

    March 6, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email Bluesky Tumblr Reddit VKontakte Telegram WhatsApp Threads Copy Link

    The European Commission and the World Bank Group have announced a strategic partnership to accelerate energy access in Africa, aligning their respective initiatives to drive renewable energy deployment across the continent. European Commission President Ursula von der Leyen and World Bank Group President Ajay Banga confirmed the collaboration in Brussels, integrating the EU’s Scaling Up Renewables in Africa initiative with the World Bank’s Mission 300, which aims to provide electricity to 300 million people in Africa by 2030.

    Renewable energy investment in Africa surges with EU-World Bank support

    With approximately 600 million people in Africa still lacking access to electricity, the initiative underscores the urgent need for coordinated investment in sustainable energy infrastructure. The partnership aims to address growing energy demand, stimulate job creation, and support economic development by expanding the continent’s renewable power capacity. The Scaling Up Renewables in Africa campaign, launched by von der Leyen and South African President Cyril Ramaphosa in November 2024, focuses on mobilizing public and private sector investment for clean energy projects.

    Von der Leyen emphasized the commitment to advancing Africa’s clean energy transition, stating, “We are on a mission to power Africa with clean energy. Last November, we launched the Scaling Up Renewables in Africa campaign to accelerate investment in this sector. Today, we take it further by joining forces with the World Bank to drive renewable energy deployment and deliver sustainable power to millions.”

    Addressing Africa’s energy crisis through global partnerships

    Banga highlighted the economic and social impact of expanding electricity access, describing it as essential for job creation and sustainable growth. “Electricity is more than power it’s the foundation of jobs, opportunity, and economic growth. Mission 300 is about ensuring 300 million people gain access to reliable, affordable electricity so small businesses can thrive and young people are equipped for the jobs of the future,” he said.

    The World Bank’s Mission 300, launched in April 2024 in collaboration with the African Development Bank (AfDB), unites governments, the private sector, and philanthropic organizations to enhance energy access. It aims to improve utility efficiency, attract private investment, and promote regional energy integration. Key supporters of the initiative include The Rockefeller Foundation and other global development partners. By aligning Mission 300 with the Scaling Up Renewables in Africa campaign, the European Commission and the World Bank seek to strengthen financial support for renewable energy projects.

    This collaboration is expected to culminate at the G20 Leaders’ Summit in South Africa in November 2025, where commitments made under the European initiative will contribute directly to the objectives of Mission 300. The joint effort underscores a broader global push to bridge Africa’s energy gap through sustainable solutions, reinforcing the role of international partnerships in driving long-term economic and environmental progress. – By EuroWire News Desk.

    Related Posts

    Korea Republic wins 2-1 over Czechia at World Cup

    June 12, 2026

    Mexico beat South Africa 2-0 in World Cup 2026 opener

    June 12, 2026

    FIFA World Cup 2026 opens with Mexico City ceremony

    June 12, 2026

    Guterres demands release of UN personnel held in Yemen

    June 11, 2026

    Oil prices climb over $2 on Hormuz and inventories

    June 11, 2026

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026
    Latest News

    Korea Republic wins 2-1 over Czechia at World Cup

    June 12, 2026

    Mexico beat South Africa 2-0 in World Cup 2026 opener

    June 12, 2026

    FIFA World Cup 2026 opens with Mexico City ceremony

    June 12, 2026

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026

    Guterres demands release of UN personnel held in Yemen

    June 11, 2026

    Oil prices climb over $2 on Hormuz and inventories

    June 11, 2026

    Gold rebounds from six-month low as inflation data looms

    June 11, 2026

    U.S. stocks end mixed as tech volatility hits Nasdaq

    June 10, 2026
    © 2026 Jacksonville Report | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.