“Morocco has established itself as a central player in Africa, thanks to its network of economic and cultural relations and the essential role that its companies play in the banking and energy sectors,” indicates the digital daily, believing that the kingdom’s “growing influence” on the African continent represents “a strategic advantage for Italy”.
In an article entitled “the Kingdom of Morocco offers Rome a unique opportunity to accelerate the implementation of the Mattei Plan”, Fatti Nostri notes that “Moroccan banks have a significant presence in the West and Central African economies, guaranteeing a solid financial infrastructure and a vast network of contacts that facilitate access to markets that are difficult for European countries to penetrate.
And added that Morocco has been able to build a reputation as a “reliable and stable” partner, strengthening political ties with French-speaking countries and offering economic stability that attracts international investors, inviting Italy to “collaborate with businesses Moroccans to take advantage of these existing links and align their interests with those of Rabat.
”The Italian-Moroccan synergy could prove decisive in the consolidation of a strategic partnership, oriented towards economic development and the stability of the entire region”, maintains the daily.
Highlighting cooperation between Rome and Rabat, which is not limited to economic initiatives, but also encompasses regional security and stability, the newspaper particularly emphasizes “the strategic geographical position of Morocco and its role as a bridge between Africa and Europe”, thus establishing itself as a “fundamental” partner for Italy and for the whole of Europe in ”the fight against illicit trafficking, terrorism and networks migration irregular”.
In addition to the economic and security sectors, Italy and Morocco could boost cooperation in the cultural and religious fields, with a view to promoting interreligious dialog, the daily concludes.
What are the key sectors where Morocco is expanding its influence in Africa?
Interview: The Dynamics of Morocco’s Influence in Africa
Conducted by: Time.news Editor
Guest: Dr. Leila Benali, Expert in African Economic Relations
Editor: Thank you for joining us today, Dr. Benali. Your expertise in African economic relations is invaluable as we discuss the recent insights on Morocco’s growing influence in Africa.
Dr. Benali: Thank you for having me. It’s a pleasure to discuss such a timely and important topic.
Editor: The article highlights Morocco’s role as a central player in Africa. What factors do you think have contributed to this position in the past few years?
Dr. Benali: Certainly! Morocco’s strategic geographical location and its proactive diplomatic efforts are key. The kingdom has been improving its ties with various African nations through trade agreements and cultural exchanges, positioning itself as a leader in banking and energy sectors.
Editor: You mentioned cultural exchanges. Could you elaborate on how these relationships enhance Morocco’s influence on the continent?
Dr. Benali: Absolutely. Cultural diplomacy fosters mutual understanding and strengthens ties. Initiatives in education, arts, and technology sharing allow Morocco to connect deeply with other African nations, thus amplifying its influence. People-to-people connections often lay the foundation for robust economic partnerships.
Editor: This brings us to the business realm. How do Moroccan companies specifically leverage their position in banking and energy to strengthen these international ties?
Dr. Benali: Moroccan companies have been expanding their footprint across Africa through investments and partnerships. In banking, institutions like Bank of Africa and Attijariwafa Bank are not only providing financial services, but they’re also facilitating trade and investment opportunities. In energy, Morocco’s leadership in renewable energy projects not only serves its economy but also offers sustainable solutions to neighboring countries.
Editor: You noted that this growing influence presents a strategic advantage for Italy. How so?
Dr. Benali: Italy’s interest in Africa, particularly in sectors like energy and infrastructure, aligns well with Morocco’s capabilities. By collaborating with Morocco, Italy can access African markets more efficiently, while Morocco benefits from Italian technology and investment. It’s a mutually beneficial relationship that can catalyze larger economic projects, such as those proposed in the Mattei Plan.
Editor: Could you shed light on the Mattei Plan and its relevance in this context?
Dr. Benali: The Mattei Plan focuses on fostering economic cooperation between Italy and Africa and emphasizes sustainable development. Morocco, as a leader in various sectors, represents a crucial partner in realizing this vision. By explicitly aligning their initiatives, both parties can enhance their competitiveness and drive significant developmental projects across the continent.
Editor: Looking ahead, what do you envision for Morocco’s role in Africa over the next decade?
Dr. Benali: I foresee Morocco continuing to strengthen its influence through strategic partnerships, especially in areas like agriculture, technology, and renewable energy. As global attention shifts toward sustainable development, Morocco is well-positioned to emerge as a leading voice and hub for innovation on the continent.
Editor: Fascinating insights, Dr. Benali. Thank you for sharing your expertise with us. It’s clear that Morocco’s journey on the African stage is one to watch closely.
Dr. Benali: Thank you for the opportunity! I look forward to seeing how this narrative unfolds.
End of Interview