The World Bank and African Development Bank have partnered to electrify 300 million people in Africa by 2030, which could halve the number of people in Africa living without electricity access. The World Bank Group aims to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid, while the African Development Bank Group will support an additional 50 million people. The initiative is part of the World Bank Group’s commitment to become more impact-oriented and promote a robust electricity sector regulatory environment. To connect 250 million people, $30 billion of public sector investment will be needed, with IDA, the World Bank’s concessional arm for low-income countries, being critical. Governments will need to put in place policies to attract private investment and reform their utilities so they are financially sound and efficient with tariff mechanisms that protect the poor.