Intelligent CIO Africa Issue 23 | Page 50

COUNTRY FOCUS: MOROCCO 1988. In June 2010, Morocco, Tunisia and Algeria adopted an action plan for 2010 to 2015, underscoring their intention to create an electricity market in North-West Africa with the objective of integrating the European market. A third link, which became operational in 2010 between Algeria and Morocco, has enabled the Kingdom to benefit from an additional interconnection of 400 kilovolts and underlined Morocco’s resolve to pursue a green energy agenda with low fossil fuel emissions. Shortly before then, the Bank approved a loan of €109.82 million to Morocco’s National Electricity Agency (ONE) for the development of the electricity transmission and distribution network. The goal of the project, co-financed by the French Agency for Development, the European Investment Bank and the World Bank, was to optimise the quality of services provided to all of ONE's domestic and industrial customers and distribution authorities. In addition, it was to improve and secure the electricity supply and the reliability of the 50 INTELLIGENTCIO network through increasing the transmission capacity of the lines. The project will also facilitate overall completion of the Global Rural Electrification Programme (PERG). The rapid growth in demand for electricity in Morocco and the expansion of the networks to serve the entire country led to the saturation of the electricity transmission grid, causing voltage drops, but this is now a thing of the past, thanks to the installations. The reduction in energy losses between production sites and the distribution network is an additional benefit that will also help prevent 180,000 tonnes of CO2 emissions per year. The Bank’s financing of this project forms part of its continuing operations to support the Moroccan energy sector. Masen’s expertise in renewable energy will be combined with the operational experience of the African Development Bank to strengthen regional integration, focusing on the transfer of technology, capacity building, technical assistance and project development in renewable energies and resource mobilisation. "Morocco is a reference in terms of renewable energy," said Adesina. "When I visited the Noor Ouarzazate complex, in which the Bank has invested considerably, I was fascinated to learn that it had been built using Moroccan know-how. It is proof that Africa can achieve great things and perform to international standards. "That is why we have asked Morocco to support us in the 'Desert to Power' initiative that we are developing in the Sahel. This is a strategic partnership that combines leadership and technical expertise. Together, we shall scale up efforts to power Africa." Bakkoury added: "Sharing the experience that Masen has developed and launching a drive for the competitive development of renewable energy across Africa is commensurate with the goal of making renewable energy a real lever for inclusive growth. This partnership with the African Development Bank will contribute to the realisation of that ambition.” n www.intelligentcio.com