Several African nations converged for an energy summit in Tanzania and committed to open up their electricity sectors to attract investors and light up homes of 300 million people in the next six years.

Launched by the World Bank and the African Development Bank, the plan dubbed “Mission 300” aims to unlock at least $90 billion in capital from multilateral development banks, development agencies, finance institutions, private businesses and philanthropies.

World Bank President Ajay Banga said multilateral development banks and commercial banks represented at the summit will use the country’s commitments to persuade their clients to invest in Africa’s energy sectors, said.

Read Another Story – Hamas to Free Six Hostages, Gazans Return North