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The International Energy Charter invited to the first African Union energy meeting in Mauritania

The International Energy Charter contributed to the First Session of the African Union (AU) Sub-Committee on Energy held in Nouakchott in the Islamic Republic of Mauritania on 21-23 March 2018. The meeting gathered the numerous AU Member States, Regional Economic Communities (RECs), the African Development Bank, international organisations and the private sector. On the margins of the meeting, bilateral talks with the Ministry of  Petroleum, Energy and Mines took stock of Mauritania’s accession process to the Energy Charter Treaty.

The AU Commissioner for Infrastructure and Energy, H.E. Dr Amani Abou-Zeid said that increasing energy access, improving energy security and developing an energy market are essential for the continent to grow and compete in the global market. While the engagement of external support is appreciated, the hard work is to be done by the Member States and African institutions. Moreover, the Minister of Petroleum, Energy and Mines of the Islamic Republic of Mauritania, H.E. Mr Mohamed Abdel Vetah underlined the importance of cooperation in the energy sector among AU countries.

Stable, predictable and transparent frameworks are a pre-condition to mobilise private investment. By signing the International Energy Charter, up to 20 AU Member States and RECs have to date expressed political commitment to welcome foreign investment to achieve universal energy access and climate change targets. Indeed there is an increased interest of Africa in the Energy Charter Process. When dealing with some African countries, the Energy Charter Secretariat benefited from the support of the EU Technical Assistance Facility for the SE4All Initiative.