The Kingdom is fully part of a pan-African dynamic heralding a paradigm shift in terms of identity construction. The holistic approach of a continent built by Africans and for Africans is an integral part of this new dynamic that the Kingdom has initiated, through its investment policy irrigating the African market, as well as through the countries Africans joining this dynamic initiated by Morocco, of pan-Africanism, in fact, several Africans have joined this positive continental dynamic such as Cameroon, Congo, Senegal, Ivory Coast….
The International Africa Development Forum 2024 (FIAD24), organized by the Attijariwafa Bank group through its Africa Development Club, is being held on June 27 and 28 under the auspicious theme “Here, we invest. “. More than 2,000 business leaders and policy makers from 30 African and partner countries are expected at this major event.
Africa is a common good with plural identities and abundant natural resources. Its dynamic and hardworking youth places the continent in a dynamic of transition and full sustainable transformation. Disruptive and inclusive policies constitute a paradigm shift where we must invest in levers of transformation and also invest in education and inclusion. By reducing the digital divide and investing in energy, digital transformation will accelerate its industrialization as well as strengthen the regulatory framework.
Rational water management will enable better conservation. Above all, universal access to this commodity constitutes a major challenge for humanity. These are challenges as much as opportunities to be transformed. Indeed, the socio-economic context is experiencing disruptions. In addition, the resilience of Africa by inoculating a certain vitality to this continent, epicenter of the geopolitics of the Global South, where world powers are fighting to capture market share.
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Africa should realize itself and invest more proactively in the African continent, particularly in intra-African trade. The African continent is at a crossroads, Africa is realizing itself without concession, it is embodied by the AfCFTA, with the development of intra-African trade becoming a major turning point in history.
The ZLECAF constitutes an agreement based on a breeding ground of opportunities for the African nations signatories to the ZLECAF. Indeed, there will be 90% tax reduction, this innovative agreement on a continental scale will bring more than 50% growth in intra-African trade, the population benefiting from this agreement is 1.4 billion people, the ZLECAF for its part will represent 15% of intra-African trade.
The anchor point is that Africa must trust Africa, and this through economic partnerships. The Attijariwafa Bank Group is present in 27 countries around the world, contributing to inclusive political and economic development.
The Al MADA group is a pan-African investment fund which positions itself above all in Africa, supporting the thesis that the future of Africa is in the hands of Africans.
The Kingdom has made colossal progress in recent years in terms of economic incentives for international investors, by creating economic clusters in order to attract investors from all over the world, this innovative economic policy constitutes a GAME CHANGER in the economic policy of the Kingdom.
Furthermore, Morocco has the first port in the Mediterranean which is Tangier Med, thus becoming a port HUB, located at the crossroads of international investments and international trade, at the confluence of Africa and Europe. Domestic investment as well as international trade place the Kingdom at the center of the continental chessboard, ahead of a pivot in investment and innovation. The geopolitical context is based on a holistic, synergistic and pragmatic approach.
