On July 14, 2025, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) announced a global pledge to support over 100 energy and infrastructure projects across as many as 20 African nations. These projects span renewables—such as solar, wind, and small hydropower—along with transmission and distribution upgrades. By offering political risk insurance and guarantees, MIGA aims to mobilize private sector capital into regions traditionally viewed as high‑risk, aligning with broader global goals to accelerate the energy transition in emerging economies.
The initiative reflects growing recognition that effective transitions require not only capital but also robust infrastructure and institutional coordination. MIGA’s backing is expected to de-risk investment by mitigating concerns over regulatory uncertainty, currency fluctuations, and governance challenges. Many projects are structured as public‑private partnerships, designed to enhance local capacity, build resilient grids, and improve access to clean energy. By encouraging integrated approaches and long-term planning, MIGA hopes to create scalable models that can be replicated across other emerging markets.
Crucially, the success of these projects will hinge on their ability to secure social license to operate within local communities. In African contexts—much like elsewhere—energy infrastructure can be controversial, touching on land rights, resettlement, or environmental impacts. MIGA will require client governments and investors to conduct inclusive stakeholder consultations, prioritize fair compensation, and implement environmental safeguards. Without genuine community trust and legitimacy, even well‑funded initiatives risk facing delays, reputational harm, or rejection. This global commitment demonstrates that sustainable infrastructure must rest on both financial backing and strong social foundations.