• 2026.09.27 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

African Leaders to Sign Pact for Universal Electricity Access

Hee Chan Kim Reporter / Updated : 2025-01-25 12:38:57
  • -
  • +
  • Print

Dar es Salaam, Tanzania – African heads of state are set to gather in Dar es Salaam next week for the African Energy Summit, where they will sign the Dar es Salaam Declaration, a commitment to achieving universal electricity access across the continent by 2030.   

The declaration will be followed by the signing of national "Energy Compacts" by each country, outlining specific actions to achieve this goal sustainably.   

Speaking at a press conference, Dr. Kevin Kariuki, Vice-President for Power, Energy, Climate and Green Growth at the African Development Bank (AfDB), emphasized the five key pillars of the Energy Compacts:   

Least-cost energy expansion plans: Addressing power generation, transmission, distribution, and supply efficiently.
Enhanced interconnection: Enabling cross-border power trade and leveraging economies of scale, with Tanzania poised to benefit significantly from its Nyerere Hydro Power Project.   

Increased access to distributable renewable energy: Particularly solar power.   

Private sector investment: Reducing reliance on public funding for energy projects.
Improved viability of power utilities: Ensuring efficient and profitable operation.   

Dr. Kariuki stressed the critical role of electricity in driving economic growth and industrial transformation across Africa.

The African Energy Summit, co-organized by the World Bank and the AfDB, aims to accelerate electricity access for 300 million Africans currently lacking access.   

[Copyright (c) Global Economic Times. All Rights Reserved.]

Hee Chan Kim Reporter
Hee Chan Kim Reporter

Popular articles

  • Beyond China’s Ambition: Will YMTC’s Push to Overtake Samsung and SK Hynix Become Reality?

  • The Era of "Working AI" Has Arrived: Why OpenAI's GPT-6 Astra is a Blessing for Samsung Electronics and SK Hynix

  •  Iran and Gulf Nations to Hold First Ministerial Meeting in Salalah for Hormuz Navigation

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065584191817591 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Beyond Drug Smuggling, Signs of "Domestic Manufacturing"… Special Measures Must Be Established 
  • Geoje, Still Scarred by Flood Damage, Receives 'Chuseok Warmth' from Across the Country Over 2 Billion Won Donated Since Disaster; 380,000 Items Worth 1.1 Billion Won in Relief Supplies
  • Season-Over Lee Jung-hoo: Only the Burden of a 33.5 Billion Won Price Tag Remains for the 2026 Season
  • Public Criticism on Stage... The Dignity of a Senior Singer Missed by Shim Soo-bong 
  • 'Slump in Results Followed by Asylum Scandal' – North Korean Delegation Shaken in Nagoya
  • Xi Jinping Arrives in Washington… Begins 3-Day State Visit to the U.S.

Most Viewed

1
Chuncheon to Light Up the "Lights of Ethiopia": The 16th Ethiopia Road World Coffee Festival & Meskel Festival Opens on September 25
2
"Coffee Aroma and the Dance of Peace: A Global Cultural Harmony Unfolding This Chuseok" 
3
Guitarist Kim Ji-hee to Hold Storytelling Concert 'The Guitar is Happiness'
4
 Iran and Gulf Nations to Hold First Ministerial Meeting in Salalah for Hormuz Navigation
5
Surging LNG Prices Forebode a Freezing Winter amid Middle East Conflict
광고문의
임시1
임시3
임시2

Hot Issue

South Korea and U.S. Leaders Hold Pivotal Summit in New York

From a Symbol of Security to a Space for Healing... Walking Paju's Veiled 'Re:DMZ' Forest

Pocheon Hantan River Garden Festa

A Different Side of Gyeonggi Province Seen While Running… Autumn Running Courses Recommended by 'Run Gyeonggi'

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News