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It is reported that the African Development Bank Group (AFDB) and the Moroccan Agency for Solar Energy (MASEN) have recently reached a cooperation and hope to launch the "Desert to Power" program.
The chairman of MASEN, Mustapha Bakkoury, and the president of the AFDB, Akinwumi Adesina, outlined the details of the program in Johannesburg.
The program's objective is to promote renewable energy technologies "best suited to their natural conditions and specific energy needs" in Morocco.
The partnership was developed within the framework of the African Investment Forum, meeting now in Johannesburg.
It will combine MASEN expertise in renewable energy with the AFDB’s background in capacity building, technical experience, and capital.
He added that Morocco is one of the leading "examples" of renewable energy development in Africa.
The deal signals the AFDB’s continued support of Morocco’s push towards renewable energy, with commitments of over $1 billion per year, 80 percent of which is focused on solar, wind, and hydropower.