The electricity market regulators for Turkey and West Africa signed a memorandum of understanding in Baku, Azerbaijan on Monday.
The heads of Turkey's Energy Market Regulatory Board, EMRA, and the ECOWAS Regional Electricity Regulatory Authority, ERERA, the regional regulator for cross-border electricity interconnections in West Africa, met during the 13th Energy Investment and Regulation Conference in Baku and agreed to sign a memorandum of understanding, MoU, regarding partnership in electricity regulation.
The partnership involves the sharing of information, experience and specialist knowledge, according to EMRA president Mustafa Yilmaz who spoke during a meeting at the conference.
'The partnership also includes the sharing of information regarding future activities in each side's fields of interest, mutual support of these activities, strengthening corporate capacity and hosting joint activities,' Yilmaz said.
With different partnerships including EU institutions, EMRA has learned and incorporated new governance into its own regulations as well as impacting its partners, he said.
'We see the partnership with ERERA not just as a way of transferring knowledge and experience, but also as a strong desire to learn together and improve,' Yilmaz said.
The African countries involved in West Africa's regulatory board are valued by the Turkish regulator, according to Yilmaz.
'This memorandum of understanding is a clear sign of how the Turkish government is open to supporting Africa and its interests,' he added.