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LETTER OF THANKS AFD AND AfDB

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The General Secretariat of the Association of Power Utilities of Africa (APUA) just yielded the best harvest of year 2015 with two financing agreements signatures between APUA and two donors which are the French Development Agency (FDA) and the African Development Bank (AfDB) for amounts of three million Euros from FDA and 9.742.042 million Euros from AfDB, a total of 12.742.042 million Euros for the establishment of an African Network of Centres of Excellence in Electricity (RACEE). These financing agreements signatures fit in the development plan of our association as steered by my humble person since 2008, testify, if at all needed the credibility of our association with international partners. It is politics and negotiations that produce development, not money said Donald KABERUKA, President of African Development Bank (AfDB) at the opening ceremony of the 50th Annual Meetings of the AfDB. I would like on behalf of all members of the Association of Power Utilities of Africa (APUA) and on my own behalf, express our profound gratitude and appreciation to the authorities of AfDB and FDA for this precious gift that will allow on one hand, to create an ideal way to improve performances of African power utilities and the African power sector and on the other hand, to improve African utilities performance by raising the level of qualification of their human resources and to contribute to improve access to energy.
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