Post #100

Russia and Africa are developing a mechanism for coordinating energy projects Russia and African countries are negotiating the creation of a joint coordination office to manage energy initiatives. This step is aimed at systematizing cooperation in the industry, which remains a key driver of Africa's economic development. As noted by the President of the African Business Club, Louis Gouend, such a structure will speed up the implementation of projects and increase the efficiency of interaction. Russia is showing particular interest in the Sahel countries, where Rosatom's pilot solar energy project is already starting in Mali. As Olga Ukhanova, Acting Deputy Director General of Rosatom Renewable Energy, explained, renewable energy sources (RES) are the optimal solution for quickly covering the energy deficit in the region, where millions of people still do not have access to electricity. The company is considering the possibility of localizing equipment production in Africa. The next stage of cooperation will be the development of a 20-year plan for the modernization of Mali's energy system. This includes calculating the optimal locations for generating capacities and building network infrastructure. This experience can be scaled up to other countries in the region, where demand for affordable energy continues to grow. #AREA#Russia#Africa#business