This article was automatically translated from HIBAPRESS, the Arabic version:
Hibapress-Rabat
Africa in difficulty in the field of electricity, knowingly knowing that it has unrivaled solar resources, its immense hydroelectric potential, its wind corridors and its geothermal reserves, Africa has an underused energy capital whose intelligent valuation can transform the economies with low productivity into engines of inclusive and durable growth.
Still, the African Development Bank group is committed up to 12.74 billion dollars (8.83 billion account units) of investments between 2016 and 2024 to connect more than 25 million Africans to electricity and thus put an end to their nightmare of a life in darkness, leaded by the constraint of lighting the night lamp 600 million people in Africa still do not have access to electricity today and that nearly one billion of them do not have clean cooking solutions,
These energy investments fully embody the vision of the 2025 annual assemblies of the BAD group, the theme of which “get the most out of Africa’s capital to promote its development” calls for intelligent mobilization of endogenous resources on the continent.
