AfDB President hails Morocco’s significant progress

AfDB President hails Morocco’s significant progress
AfDB President hails Morocco’s significant progress

“This increased dynamic is part of the organization of the 2030 World Cup, as well as the African Cup of Nations (CAN) in 2025, major events which act as real catalysts for numerous initiatives in various sectors,” noted Mr. Adesina, during a press briefing on the sidelines of the opening of the 5th edition of the Africa Investment Forum (AIF), placed under the high patronage of King Mohammed VI.

In this sense, he praised the essential role of the Mohammed VI Investment Fund in supporting major infrastructure projects, reaffirming the ADB’s solid commitment to being fully committed to this vision and to supporting Morocco in the realization of its ambitions.

“The ADB strongly supports this investment effort,” said the official, citing as an example the collaboration with major players such as OCP.

In this sense, he indicated that the ADB is currently carrying out nearly 37 investment projects in Morocco, with a total amount reaching 3.6 billion dollars.

Held under the theme “Leveraging Innovative Partnerships to Scal Up”, AIF 2024 positions itself as an essential platform by paving the way for strategic investments supporting Africa’s economic transformation and providing direct access to transaction opportunities across the continent.

The opening session was marked by the presence of Advisor to King Mohammed VI and Honorary President of the AfDB, Omar Kabbaj, the Minister of Economy and Finance, Nadia Fettah and the President of the AfDB, Akinwumi Adesina.

Since its launch in 2018, the AIF has attracted nearly $180 billion in investment interest for large-scale projects in the energy, infrastructure, health and agriculture sectors, strengthening thus its status as the leading investment platform in Africa for global investors.

Its flagship annual event, Market Days, constitutes a privileged space dedicated to highlighting, discussing and advancing investment opportunities across Africa.

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