The African Development Bank…
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5 posts
AfDB Mission 300: Two Years In, $20B Committed — What Has Actually Been Connected?
The African Development Bank’s Mission 300 has committed $20 billion across 26 country compacts. Two years in, fewer than 4 million new connections are directly attributable to Mission 300 financing. Here is why the gap exists and what it would take to close it.
Nigeria’s $2 Billion Fibre Gamble: World Bank Milestones, EU Backing, and the Right-of-Way Problem That Could Derail Africa’s Most Ambitious Broadband Project
Nigeria has secured over $1.1 billion in development finance for Project BRIDGE — a plan to extend its fibre backbone from 35,000km to 125,000km. The World Bank will only disburse if milestones are met. MTN reported 5,400 fibre cuts in seven months. Whether BRIDGE succeeds or stalls will determine Nigeria’s digital trajectory for the next decade.
Nigeria’s DARES Programme: A $750M Solar Mini-Grid Deployment, the World’s Largest
Nigeria DARES $750M solar mini-grid programme — scale, World Bank financing, REA delivery model, and what makes it the world’s largest deployment.
Nigeria’s $750M DARES Programme: Africa’s Most Ambitious Solar Mini-Grid Deployment — And It’s Already Working
Nigeria’s DARES programme has secured 391 signed grant agreements and is commissioning 28 new solar mini-grids in Q1 2026 alone, backed by $750M in World Bank financing and over $1 billion in blended development capital. Here is how the performance-based model is making it work.