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Subsidies are critical to attracting private investment in Africa’s rural mini-grids by improving profitability and reducing financing risks. World Bank estimates suggest mini-grids could connect more than 380 million people by 2030, requiring roughly 160,000 installations. Investment needs exceed $90 billion, while li
Subsidies remain essential to making African rural mini-grids financially viable, reducing investment risks while keeping electricity tariffs affordable. Mini-grids could connect more than 380 million people by 2030, according to World Bank estimates cited in the analysis. Meeting that target would require roughly 160,