Africa Investment Forum: official launch of preparations for the organization of the 5th edition in Rabat

by times news cr

This meeting, which took place in the presence of a high-level delegation from the African Development Bank (AfDB) chaired by the Special Representative of the AfDB President for the AIF, Yacine FAL, was an opportunity for participants to emphasize the strategic importance of positioning Africa as an attractive destination for investments through this forum.

They also stressed the need to bring together private institutional investors, both global and African, in a roundtable and panels, recognizing that cooperation among stakeholders is essential to strengthen Africa’s perception on the international stage.

On this occasion, Ms. Fettah recalled that Morocco is determined to host this event, highlighting the Kingdom’s successes in areas such as electrification and renewable energies. For her, these successes should be shared with other African countries.

The Minister also stressed the collective capacity of all partners to make this edition a resounding success, meeting the needs and expectations of the African continent in terms of investment and to create an effective investment platform aligned with Africa’s development objectives.

For her part, the Special Representative of the President of the AfDB for the Africa Investment Forum (AIF) indicated that this edition should integrate this year’s global debates, focusing mainly on the mobilization of private capital and investments, particularly in favor of the African continent.

Welcoming the collaboration between Morocco and the AfDB, illustrated by the creation of the Africa 50 Fund, and extending to renewable energies as well as climate change adaptation strategies, Ms. Fal noted that Morocco represents a model to follow for the rest of the continent in several emblematic sectors and projects.

She also highlighted the Kingdom’s commitment to promoting investment in Africa.

2024-09-08 03:22:27

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