Economic and Financial Combination is Essential for Africa

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Economic and financial combination is essential for Africa if the continent is to take on challenges, mostly those connected to employment creation, Moroccan minister of industry, trade, investment and digital economy, Moulay Hafid Elalamy stated.

Economic and Financial Combination is Essential for Africa

Economic and Financial Combination is Essential for Africa

Emphasizing that combination yields quick results, the Moroccan minister discussed that Morocco has all it takes to assurance the continent’s takeoff, appropriate to its economic and financial advancement and promptness to share experience with other African countries.

The minister who was speaking at the closing assembly of a conference held in Paris, also insisted for strengthening the continent’s pleasant appearance for foreign direct investments through steadiness and inevitably.

He also called worldwide companies to pay attention to this market of one billion consumers with a succeeding purchasing power, citing, in this situation, the example of Morocco which attracts growing FDIs thanks to quality infrastructure and candidness onto the world ensuing from over 50 free-trade conformities.

He also highlighted that Morocco, which enjoys a tactical geographic location, has opted for merging its African calling as a large quantity of ventures have become leaders in the continent, specifically in the sectors of telecoms, banking and insurance.

 

Mohamed Dekkak