Rabat - Energy minister Abdelkader Amara met, on Wednesday in Rabat, with the African Development Bank (AfDB) resident representative in Morocco Yacine Diama Fal on the country's energy situation and future cooperation prospects.
Rabat – Energy minister Abdelkader Amara met, on Wednesday in Rabat, with the African Development Bank (AfDB) resident representative in Morocco Yacine Diama Fal on the country’s energy situation and future cooperation prospects.
In a statement to MAP after the meeting, Fal said that energy is a crucial sector for the AfDB in Morocco, all the more so because “we have an investment worth 1 billion euros in the energy sector, that is 40% of the Bank’s commitments in the kingdom.”
The meeting was an occasion to discuss Morocco’s very positive current energy policy and the challenges it is facing, she said.
The AfDB is ready to back Morocco regarding this ever-growing sector, notably in the transition towards renewable energy, she added.