Electricity minister praises Africa's promising chances



Sun, 14 Apr 2019 - 02:37 GMT


Sun, 14 Apr 2019 - 02:37 GMT

 Minister of Electricity and Renewable energy Mohamed Shaker - Archive Photo

Minister of Electricity and Renewable energy Mohamed Shaker - Archive Photo

CAIRO - 14 April 2019: The world considers Africa the land of promising chances and as being qualified for achieving higher growth rates in the light of the resources it possesses, a matter that puts a major challenge for the continent to achieve good living standards for all African citizens, said Minister of Electricity and Renewable Energy Mohamed Shaker.

The minister's statements came during the inaugural session of the second ordinary session of the African Specialized Technical Committee on Transport, Transcontinental and Interregional Infrastructure, Energy and Tourism (STC-TTIIET)

Shaker asserted the importance of utilizing the energies of African youths and supporting their ideas through allowing the finance of productive projects which provide job opportunities, support their economy and empower women economically with eliminating all forms of violence and discrimination against women.

The minister praised the development projects Egypt is carrying out in all fields especially the mega infrastructure projects to achieve sustainable development and integration and cooperation with all African countries.

He pointed out to Egypt 2030 vision which put the country among the world's top 30 largest economies by 2030, pointing out that the country introduced a serious program for economic reform based on several axes including monetary and sociopolitical ones to attract more foreign investments in mega projects.

Minister Shaker said that Egypt managed to make important progress in the renewable energy domain in cooperation with the private sector, pointing out that 32 agreements in the energy domains had been signed.

He said that Egypt is carrying out the biggest solar energy station in the world south of Aswan with a total capacity of 1465 megawatts.

Shaker signed on Sunday with Amany Abu Zeid, the African Union Commissioner for infrastructure and energy, the host country agreement for organizing STC-TTIET.

He said Egypt's hosting of the second session would be a great opportunity for Cairo to play a leading role in developing Africa's infrastructure.



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