The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
The AfDB has demonstrated its unwavering commitment and its capacity to deliver on Africa’s sustainable development agenda. It has developed its Green Growth Vision Paper and is investing about USD6.4 billion over a five-year period from 2011 to2015 through its Climate Change Action Plan in the energy, transport, water and agriculture sectors to support low-carbon and climate-resilient development in Africa.
The development of renewable energy resources in Egypt is on the right track but needs substantial strengthening in several areas. To address the present shortcomings of the renewable energy development program the following actions are proposed : the strengthening of the present institutional arrangement; the formulation of a strategy for solar power development; the development of a coherent financing mechanism; the reduction of technical risks.