The President of the African Development Bank (AfDB), Akinwumi Adesina, and the President of the Moroccan Agency for Sustainable Energy (Masen), Mustapha Bakkoury, signed a letter of intent endorsing their new cooperation under the Desert to Power Programme.
The objective of this partnership is to support African countries, particularly those in the Sahel region in the development of renewable energy technologies most suited to their natural conditions and their needs.
The aim is to combine Masen’s expertise in the development of renewable energy projects with the operational experience of the bank in this sector, particularly in terms of:
- Knowledge sharing;
- Capacity building and experience;
- Technical assistance;
- Project development in renewable energies; and
- Mobilisation of necessary resources.
“Morocco is an example in renewable energy,” said Adesina.
“When I visited the Noor Ouarzazate complex, in which the bank invested heavily, what fascinated me was that it was done with Moroccan capabilities. It is proof that Africa can accomplish great things, international in scope.”
He added: “We have therefore asked Morocco to support us in the ‘Desert to Power’ initiative that we are developing in the Sahel. It is a strategic partnership that combines leadership and technical expertise. Together, we will accelerate efforts to electrify Africa.”
Desert to Power Scope
Also commenting on the development, Bakkoury said: “To share the experience that Masen has developed and initiate a competitive development dynamic for renewable energies on the African continent, is to aim to make renewable energies a reality [and an] inclusive growth driver. This partnership with the African Development Bank is a definite asset to realise this ambition.”
Morocco has an ambitious goal of increasing the share of renewable energies in its energy mix to a minimum of 52% by 2030.
The Kingdom intends to share its model of renewable energy development with Africa, in order to help accelerate its energy transition in the context of sustainable and inclusive growth, notably embodied in 13 cooperations with African countries in the field of renewable energies, five of which concern the Desert to Power scope.