NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

As part of Energy Day at the United Nations Climate Change Conference in Baku, Azerbaijan (COP29), The Rockefeller Foundation announced $US10.9 million to advance African-led clean energy solutions. The philanthropic organization will invest $2.1 million to create the African Energy Futures Initiative; $3 million into the African School of Regulation; $400,000 to launch the inaugural Clean Cooking Delivery Unit in Kenya; $300,000 to help integrate off-grid solar into national electrification strategies in nearly two dozen countries; and $5 million to advance the Government of the Republic of Zambia’s effort to deploy over 1,000 mini grids in rural communities. This announcement comes on the heels of The Rockefeller Foundation and the Global Energy Alliance for People and Planet’s (GEAPP) initial $10 million commitment to providing technical assistance funding for new energy transition projects in 11 African countries and across the Common Market for Eastern and Southern Africa (COMESA), in support of Mission 300, a World Bank Group and African Development Bank (AfDB) led initiative. 

Photo courtesy of Axel Fassio/CIFOR.