The signing of the MOU underscores the two parties’ shared efforts to promote sustainable energy access and the energy trade in the COMESA region.
Under this agreement, AMDA and COMESA agreed to enhance the quality of data collection and dissemination about the minigrid sector in the region, improve the availability of financial instruments that increase the sustainability to the sector and support programmes that build synergies with the agriculture, health and education industries. This will be supported by the overarching commitment to work with COMESA states to develop and implement policies and regulations that are supportive of minigrids as a tool to help Africa achieve the United Nations Sustainable Development Goal 7: universal access to affordable and clean energy by 2030.
“The signing of the MoU is part of our efforts as AMDA to create the right policy and finance environment that will help African nations meet their growing energy and climate resilience needs.”, Ms Stephens said.
This notion of cross-continental action was reiterated by Ms Kapwepwe:
“COMESA recognizes that the key challenges faced by most of COMESA member states include inter alia low-level access to modern energy, weak development of energy infrastructure, lack of appropriate financing mechanisms and unclear regulatory environments for private sector involvement in renewable energy projects. We believe that by implementing the regional infrastructure Finance Facility Project (RIFF) and working with organizations such as AMDA, we can see a modern, sustainable energy systems develop in COMESA member states.”
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About the Common Market for Eastern and Southern Africa (COMESA)
The Common Market for Eastern and Southern Africa (COMESA) is a regional inter-governmental organization established by Treaty on 8th December 1994 as an organization of free independent sovereign states which have agreed to co-operate in developing their natural and human resources for the good of all their people’ and as such it has a wide-ranging series of objectives which necessarily include in its priorities the promotion of peace and security in the region. Learn more at comesa.int.
About the Africa Minigrid Developers Association (AMDA)
The Africa Minigrid Developers Association (AMDA) is the leading body representing private sector minigrid developers on the continent. We work with governments, donors, funding partners and the wider energy sector to build an optimal energy network that will meet the current and future needs of African economies. AMDAs work focuses on improving the financial and regulatory landscape for the decentralized utilities sector ensuring that we can collectively tackle the energy access challenge in order ensure that we eliminate energy poverty. Today, AMDA represents over 35companies, who operate minigrids in 15 Sub-Saharan countries. Learn more at africamda.org and follow us on Twitter and LinkedIn.