AfDB Presentation: Developing the Concentrated Solar Power in MENA Region
The MENASOL 2010 - 2nd North Africa and Middle East Solar Conference first day included various presentations discussing opportunities and challenges for scaling up solar energy investments in the MENA region.
The African Development bank (AfDB) presented its energy financing instruments, both public and private.
The AfDB has been over the years a major financier of the energy sector in North Africa.
The AfDB also presented its ongoing collaboration with regional member countries and the World Bank to implement the MENA Concentrated Solar Power investment plan that was approved by the Clean Technology Fund in 2010, with its provision for up to USD 750 million concessional co-financings to be provided alongside AfDB and/or World Bank loans.