Austrian skill in environmentally friendly power could help Africa, says African Improvement Bank's VP Marie-Laure Associated Olugbade.

The Vice President for Regional Integration and Business Delivery at the African Development Bank, Marie-Laure Associated Olugbade, has stated that Africa can benefit from Austria's expertise in renewable energy as it develops its own sustainable power sector. Austria, which is largely powered by renewable sources, has valuable knowledge that can be applied to Africa's abundant solar, hydro, wind, and geothermal energy sources. The Vice President made these remarks during a meeting with Austrian parliament members who were visiting the Bank's headquarters in Abidjan. The meeting also discussed the Bank's initiatives in agriculture, industrialization, waste management, water and sanitation, and the effects of insecurity in the Sahel region. Austria has been a long-standing supporter of the Bank and has contributed significant funding to its projects. The African Development Bank has made significant progress in connecting people to electricity, improving agriculture, building infrastructure, and providing access to transportation and water and sanitation services. Austria has identified investment opportunities in Côte d'Ivoire and regularly sends economic missions to explore these opportunities. The meeting was attended by several senior Bank officials, including the Bank's Director for Austria, Japan, Saudi Arabia, Brazil, and Argentina. [Extracted from the article]