In a historic move that signals a new dawn for Sierra Leone, the visionary alliance of His Excellency President Julius Maada Bio and the globally revered energy expert, Dr. Kandeh Kolleh Yumkella, has secured a monumental victory for the nation.
The World Bank Group and the African Development Bank have officially endorsed Sierra Leone’s audacious $2.2 Billion Mission 300 Energy Compact, catapulting the country into the league of Africa’s most promising energy frontiers.
This landmark endorsement, delivered at the prestigious Bloomberg Global Forum 2025, marks the single largest infrastructure development plan in the nation’s history.
It is a powerful testament to the relentless pursuit of progress by the Bio administration and a direct result of the strategic genius of Dr. Yumkella.
The Mission 300 Energy Compact is nothing short of a national energy revolution. It sets a bold, unwavering target: to shatter the chains of energy poverty by skyrocketing electricity access from a stifling 36% to an electrifying 78%.
This transformative blueprint promises to unleash a new era of power generation through renewable sources, modernize the entire national grid, champion clean cooking solutions, and create a golden gateway for massive private sector investment.
President Julius Maada Bio, who also serves as Minister of Energy, received the Endorsement Letter with immense pride, declaring: “Our Mission 300 Energy Compact is the most ambitious and comprehensive energy infrastructure initiative ever developed for Sierra Leone.
Powered by evidenced-based solutions and data, this single plan for Sierra Leone’s energy transformation holds the greatest promise for unlocking sustainable and inclusive development for our people.”
The compact was developed in record time, spearheaded by a powerful Inter-Ministerial Coordination Group co-chaired by the Minister of Finance, Sheku A.F. Bangura, and the architect of modern energy strategy, Dr. Kandeh Kolleh Yumkella, who chairs the Presidential Initiative on Climate Change, Renewable Energy, and the Energy Compact Coordination Group.
This achievement aligns with the continent-wide Mission 300 initiative, a joint World Bank and African Development Bank program aimed at providing electricity access to 300 million Africans by 2030.
Sierra Leone’s compact is now a flagship project within this initiative, positioning the nation as a beacon of hope and a model of successful partnership for transformative development.
The people of Sierra Leone can now look forward to a future powered by light, opportunity, and unprecedented economic growth. This is not just a plan; it is a promise being delivered.