The Minister of Trade and Industry, Ryad Mezzour, spoke with the Minister of Foreign Trade of the Democratic Republic of Congo, Julien Paluku, on the sidelines of the 3rd “Africa Trade & Invest” Forum, which was held November 6 and 7 in Frankfurt.
On this occasion, the two ministers discussed ways to strengthen Moroccan-Congolese cooperation, particularly in the field of energy and mines, and examined the progress of joint projects with DR Congo in these two strategic sectors.
The meeting with the Congolese minister was also an opportunity to underline the orientations of His Majesty King Mohammed VI in favor of a confident Africa and a Morocco engaged in a co-development partnership with the continent, illustrated recently by the Atlantic initiative launched by the Sovereign, said Mr. Mezzour.
In a statement to MAP, Mr. Paluku welcomed the Royal Initiative, specifying that his country wishes to take advantage of it in order to strengthen its regional integration and take advantage of the opportunities offered by this strategic alliance, particularly in the cobalt sector, where the country has the largest deposit in the world.
Mr. Paluku underlined, in this regard, the importance of Moroccan-Congolese cooperation in the electric battery sector, recalling that in 2021, during the “RDC-Africa Business Forum” in Kinshasa, Mr. Mezzour presented the battery value chain development project in Africa.;
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“Today, in Frankfurt, I am happy to learn that the Moroccan project has progressed well,” rejoiced the Congolese minister, expressing his country’s wish to take advantage of Morocco’s experience, in order to reproduce the Moroccan model in DR Congo.
Mr. Paluku also praised the vision of mutual aid, co-development and shared prosperity that Morocco advocates for Africa. “For African countries, the exchange of experiences is essential, because we share common challenges. Rather than following external models, we can learn from our own experiences,” he explained.
The “Africa Trade & Invest” Forum brought together representatives of the German private sector and several African delegations, made up of political-economic decision-makers, with Somalia as guest of honor, represented by its President Hassan Sheikh Mohamud.
Under the theme “Creating the ideal framework to unlock commercial and investment opportunities in Africa”, this meeting aims to identify the regulations necessary to strengthen the presence of German companies on the African continent, as well as existing financing and support mechanisms. risk reduction.
Afrika-Verein is an organization dedicated to promoting economic exchanges between Germany and African countries. It brings together more than 550 members, mainly German companies and institutions, and represents around 85% of German activity in Africa, covering all sectors, from start-ups to large DAX companies.
IDM with MAP
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