According to the agreement signed between the CaMoroccan Isse de Dépôt et de Gestion (CDG) and the Senegalese Caisse des Dépôts et Consignations (CDC), the areas of cooperation covered will contribute to the promotion of financing tools to support businesses, stimulate the capital market and promote sustainable financing tools and the fight against climate change.
Following the Senegal-Mauritania Economic Forum, which was held on September 30 in Dakar and brought together ministers, representatives of investment promotion agencies, chambers of commerce and investor clubs from the two countries, a significant meeting took place in Casablanca. The managers and teams of the Caisse de Dépôt et de Gestion (CDG) and the Caisse des Dépôts et Consignations (CDC) of Senegal signed a cooperation agreement, marking the 60th anniversary of diplomatic relations between Rabat and Dakar. This regional dynamic promises a trajectory of sustainable, inclusive and territorial development, driven by common projects.
Morocco, the political, religious and economic beating heart of Western Saharan Africa for centuries, has always maintained significant trade with the regions around the Senegal River, the Kingdom of Mali and Ghana. These historical exchanges have shaped Morocco’s current relations with the continent, particularly with Senegal, nourished by centuries of religious, cultural and economic interactions. On the eve of the 60th anniversary of the Moroccan-Senegalese Establishment Convention, the CDG is committed to realizing the royal vision of partnerships based on common interests and the desire to achieve sustainable development.
The CDG model, as an alternative for collecting, managing and transforming savings in the service of sustainable development, is attracting growing interest in Africa. Before 2004, CDG was the only depository in Africa; today, the continent has nine, with other projects underway. Among these funds, the CDC of Senegal, represented by its general director, Fadilou Keita, signed a cooperation agreement with the CDG, represented by its general director, Khalid Safir.
Mr. Keita recalled the “Systemic Transformation Strategy of Senegal”, which requires strengthening cooperation in various areas, from integrated industrial platforms to digital technology sites, by integrating high-potential digital trends such as artificial intelligence and technology. robotic process automation (RPA). He highlighted the creation of an intervention vehicle for carrying out joint projects with the CDG. Mr. Safir called for creativity and innovation to meet the challenges of youth employment, the fight against exclusion, massive urbanization, coastalization, sustainability, energy transition and digital, and the harmonious and equitable development of territories.
This expertise and engineering in setting up projects was at the heart of the meetings of the Senegalese delegation with the directors of the various CDG subsidiaries. Many cooperation projects are planned, through exchanges and programs, to mobilize and transform savings into public utility projects. In this dynamic, Senegal will organize the first edition of the National Investors Fair in December 2024.
RT/SF/ac/APA
