The Nigeria-Morocco fuel pipeline will facilitate the mixing of Africa (Ms. Benkhadra)

by times news cr

2024-05-28 18:36:09

“This strategic challenge launched by His Majesty King Mohammed VI and the previous Nigerian President, Muhammadu Buhari, will make it doable to maneuver in direction of this integration of the African continent which completely should be developed,” mentioned Ms. Benkhadra in a press release to the MAP, including that this challenge ought to contribute to entry to power not just for populations who lack it but in addition to develop extraordinarily necessary industrial and mining sectors.

The DG of ONHYM careworn that every one the international locations crossed by this fuel pipeline have mineral wealth which requires power, noting that this challenge goes within the path of the mixing of Africa through which the Sovereign has a specific curiosity as a part of cooperation insurance policies carried out in several sectors with brotherly African international locations, in line with a win-win partnership.

On this sense, Ms. Benkhadra famous that Morocco is an instance in a number of sectors, due to the Royal Imaginative and prescient. “We have now had the prospect to have extraordinarily bold visions and techniques in a number of sectors. We will cite amongst these sectors that of business, power, phosphates, agriculture”, welcomed supervisor.

Due to this imaginative and prescient of the business, she argued, the Kingdom is right this moment a flagship nation within the Center East and North Africa (MENA) area, which is growing the whole worth chain of precursor and battery manufacturing, needed for electrical automobiles and which might be extraordinarily necessary in 2030 and 2040.

“Giant initiatives are being launched with main Chinese language and Korean gamers for the development of recent factories which can make it doable to fabricate batteries based mostly on lithium and phosphates,” introduced Ms. Benkhadra.

To this finish, she thought of that that is an instance and a mannequin of success which may be developed elsewhere, particularly since Morocco enjoys political stability, a detailed geographical place of Europe and the MENA area and a particularly engaging funding constitution which reassures non-public traders.

Underneath the theme “Unlocking Africa’s Worth Chains”, the AIF, which runs till November 10, is a multi-stakeholder platform centered on reaching continent-wide agreements by way of a format modern combining presentation of initiatives in devoted “board rooms” and high-level sectoral debates.

2024-05-28 18:36:09

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