ABIDJAN, Côte d’Ivoire, September 13, 2019 / – The President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, is in Ouagadougou, capital of Burkina Faso, where he will take part, on September 13 as a guest at the G5 Sahel Summit of Heads of State and Government.
President Adesina was received by the President of Burkina Faso, Marc Roch Christian Kaboré, who congratulated the Bank on the Desert to Power (DPT) initiative. The Burkinabe president also underlined the excellent relations of his country with the Bank, thanking it for the portfolio of projects implemented thanks to the institution.
For his part, the President of the African Development Bank paid tribute to President Kaboré’s commitment, vision and leadership for agreeing to host the Summit in his country. He stressed the importance of the political will for the success of the “Desert to Power” initiative, which provides the opportunity to strengthen the South-South partnership. “The political will is very important and I can only rejoice at the determination of the G5 Sahel presidents around the initiative,” he added.
Referring to the issues surrounding the cotton industry, the two leaders stressed the strengthening of this sector as well as the need for a global mobilization around the DPT initiative, even beyond the G5 Sahel countries.
On the occasion of this Summit, the Bank must formally present its “Desert to Power” initiative to Heads of State and Government. At least 20 billion US dollars will have to be mobilized from development partners. The Bank must advocate at the Summit, with the goal of securing universal access to electricity for more than 60 million people through solar energy.
For President Adesina, it is a paradox that in this region, among the sunniest in the world, there is a lack of access to electricity: “today more than ever, cross-border cooperation and trade in the energy will be essential to maintain long-term security of supply in the face of the challenges of climate change, “he said, adding that” in Burkina Faso, significant milestones have been achieved with the Yeleen project. rural electrification. “
In the G5 Sahel countries, some 60 million people suffer the consequences of a lack of access to electricity, with key sectors of the economy, a heavy reliance on fossil fuels, a weakness in production capacity and physical infrastructure.
As part of its strategy to electrify Africa, the Bank is firmly committed to accelerating access to quality energy at a lower cost for African populations. Essential interconnections of networks have been approved by the Bank’s Board of Directors: Mali-Guinea, Nigeria-Niger-Benin-Burkina Faso and Chad-Cameroon. “We need harmonization of policies and move towards an energy free energy zone,” added the Bank’s president.
The DTP initiative covers 11 countries: Burkina Faso, Eritrea, Ethiopia, Mali, Mauritania, Niger, Nigeria, Sudan, Djibouti, Senegal and Chad. It will have a significant impact on the living conditions of 250 million people who should have access to electricity. The goal is to install nearly 10 gigawatts of solar capacity by 2030. This initiative is a major contribution to achieving the Bank’s five strategic priorities, the “High 5”, as access to energy is transversal to all sectors of Africa’s development. It is in line with the United Nations Sustainable Development Goals, the Paris Climate Agreement and the Renewable Energy Initiative for Africa.
The G5 Sahel is a strategic framework for regional cooperation established in 2014, which aims to guarantee the “conditions of development and security of its Member States”. It includes Burkina Faso, Mali, Mauritania, Niger and Chad. The G5 Sahel countries are convinced of the interdependence between security and development, especially in basic services (energy, transport, telecommunications, hydraulics).
The President of the African Development Bank has expressed regret at recent terrorist acts in Burkina Faso and expressed the institution’s support during his audience with President Kaboré.
Distributed by APO Group for African Development Bank Group (AfDB).
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