AfDB President hails Morocco's leadership

The President of the African Development Bank (AfDB), Akinwumi Adesina, hailed, Monday in Accra, Morocco’s “remarkable” commitment to renewable energies (EnR).

“Morocco, under the visionary leadership of King Mohammed VI, has made remarkable progress in the field of renewable energies”noted Akinwumi Adesina during a press briefing on the sidelines of the AfDB’s annual meetings, placed under the theme “Fostering climate resilience and a just energy transition for Africa”.

On this occasion, the official focused on the Noor Ouarzazate complex, one of the largest solar parks in the world financed by the AfDB, stressing that the Bank wants to repeat the feat of this complex with the “Desert to Power” which aims to provide energy to 250 million people in the countries that make up the Sahelian strip using the energy sources available in abundance in the region.

With a necessary investment of 20 billion dollars to finance power plants that produce electricity from clean sources, the objective of this project is to produce 10 GW.

These 57th assemblies, which mark a return to face-to-face meetings after the virtual meetings of the past two years, will be an opportunity to discuss ways to facilitate Africa’s energy transition in a context marked by climate change, the repercussions of which are already remarkable in the countries of the continent.

The objective of these meetings, the theme of which aligns with the 27th United Nations Conference on Climate Change (COP27) scheduled for Egypt next November, is to discuss ways to help African countries adapt to the climate change, in particular through the mobilization of the necessary resources.

The governors, representing the 54 African countries and the 27 non-regional member countries of the institution, will have a high-level dialogue with Akinwumi Adesina and his team.

The Annual Meetings are the AfDB’s most important event. They bring together around 3,000 delegates and participants each year.

They allow the institution to take stock, with its shareholders, of the progress made and constitute a unique forum for discussion on key issues concerning the development of Africa for representatives of governments, businesses, society. civil society, think tanks, universities and the media.

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