“We are now a key player in renewable-energy development in sub-Saharan Africa”

OECD Observer Business brief

 

An interview with Thierno Bocar Tall, CEO of African Biofuels and Renewable Energy Company (ABREC)


Could you give us a brief introduction to ABREC?

The African Biofuel and Renewable Energy Company (ABREC) is an African initiative launched in 2009 to combat the negative effects of climate change effectively, promote and develop renewable energy projects in Africa. It is a holding company, the shareholders of which comprise 15 African states and 6 Financial institutions, and has two main arms: a technical assistance facility and an investment fund, the African Renewable Energes Fund (AREF). ABREC has the status of an international organisation. 

The Fund, to be launched at the end of the year, is attached to the African Development Bank (AfDB). The Fund’s objective is to take minority capital holdings in renewable-energy and energy-effi ciency projects.

Could you give a summary of your activity?


ABREC has provided technical assistance and helped mobilise funds for the installation of solar street lights in Sierra Leone and Togo. We have also worked with the Electrical Community of Benin (ECB) which supplies the electricity for two 5 MW solar power plants in Togo and Benin. Furthermore, we are partners with and executive agency for the West African Economic and Monetary Union (WAEMU) for the Regional Energy Effi ciency and Renewable Energies Programme. Our mission is to identify and examine projects, write the calls to tender and assist governments with the execution. Three areas have been selected: solar street lighting, rural electrifi cation using solar kits or small-scale plants and the installation. 

Visit: www.faber-abref.org/

Also visit: www.oecd.org/greengrowth/greening-energy/greengrowthandenergy.htm 

 

 

 

©OECD Observer No 296, Q3 2013

See other OECD Observer Business Briefs

 




Economic data

E-Newsletter

Stay up-to-date with the latest news from the OECD by signing up for our e-newsletter :

Twitter feed

Suscribe now

<b>Subscribe now!</b>

To receive your exclusive paper editions delivered to you directly


Online edition
Previous editions

Don't miss

  • Globalisation’s many benefits have been unequally shared, and public policy has struggled to keep up with a rapidly-shifting world. The OECD is working alongside governments and international organisations to help improve and harness the gains while tackling the root causes of inequality, and ensuring a level playing field globally. Please watch.
  • Read some of the insightful remarks made at OECD Forum 2017, held on 6-7 June. OECD Forum kick-started events with a focus on inclusive growth, digitalisation, and trust, under the overall theme of Bridging Divides.
  • Checking out the job situation with the OECD scoreboard of labour market performances: do you want to know how your country compares with neighbours and competitors on income levels or employment?
  • Trade is an important point of focus in today’s international economy. This video presents facts and statistics from OECD’s most recent publications on this topic.
  • How do the largest community of British expats living in Spain feel about Brexit? Britons living in Orihuela Costa, Alicante give their views.
  • Brexit is taking up Europe's energy and focus, according to OECD Secretary-General Angel Gurría. Watch video.
  • OECD Chief Economist Catherine Mann and former Bank of England Governor Mervyn King discuss the economic merits of a US border adjustment tax and the outlook for US economic growth.
  • Africa's cities at the forefront of progress: Africa is urbanising at a historically rapid pace coupled with an unprecedented demographic boom. By 2050, about 56% of Africans are expected to live in cities. This poses major policy challenges, but make no mistake: Africa’s cities and towns are engines of progress that, if harnessed correctly, can fuel the entire continent’s sustainable development.
  • OECD Observer i-Sheet Series: OECD Observer i-Sheets are smart contents pages on major issues and events. Use them to find current or recent articles, video, books and working papers. To browse on paper and read on line, or simply download.
  • How sustainable is the ocean as a source of economic development? The Ocean Economy in 2030 examines the risks and uncertainties surrounding the future development of ocean industries, the innovations required in science and technology to support their progress, their potential contribution to green growth and some of the implications for ocean management.
  • The OECD Gender Initiative examines existing barriers to gender equality in education, employment, and entrepreneurship. The gender portal monitors the progress made by governments to promote gender equality in both OECD and non-OECD countries and provides good practices based on analytical tools and reliable data.
  • They are green and local --It’s a new generation of entrepreneurs in Kenya with big dreams of sustainable energy and the drive to see their innovative technologies throughout Africa. blogs.worldbank.org
  • Interested in a career in Paris at the OECD? The OECD is a major international organisation, with a mission to build better policies for better lives. With our hub based in one of the world's global cities and offices across continents, find out more at www.oecd.org/careers .

Most Popular Articles

OECD Insights Blog

NOTE: All signed articles in the OECD Observer express the opinions of the authors
and do not necessarily represent the official views of OECD member countries.

All rights reserved. OECD 2017