Human Rights Day: The right to education remains elusive. Why is…Vivaldi Day: it’s all about youABIDJAN, Côte d’Ivoire, 20 March 2024, /African Media Agency/-The African Development Bank Group’s Vice President for Regional Development, Integration and Business Delivery Marie-Laure Akin-Olugbade has said as Africa develops its renewable energy sector, it can benefit from the expertise of Austria—a country largely powered from renewable sources.
The MPs, Hermann Brückl and Sibylle Hamann, and their delegation from the Austrian Parliament, were on a tour of Côte d’Ivoire and Burkina Faso. On clean energy, they heard how the Bank’s $20 billion Desert to Power initiative is working to generate 10 000 megawatts of solar power for 250 million people across 11 countries in the Sahel region including Burkina Faso.
Austria which joined the Bank in 1983, has participated in all General Capital Increases for the Bank and the replenishment of the African Development Fund. During the 16 replenishment of the Fund in December 2022, Austria contributed Euros 123 million , an increase of 12.6% over the previous replenishment More than $8.9 billion was mobilised during the 16th replenishment, the largest in the history of the Fund.