Morocco Africas regional hub for investment Minister

New York – Morocco, thanks to its strategic geographical position and several free trade agreements, is Africa’s regional hub for investment, said Monday in New York Minister Delegate for Foreign Affairs and Cooperation M’Barka Bouaida. Bouaida, who was speaking during a high-level meeting on mobilizing investment and capitals for Africa on the sidelines of the UN General Assembly (Sept. 24/ Oct. 1), said the Kingdom has become a genuine economic platform with not only sea, air and road transport infrastructures, but also with strong financial services.In this respect, the Minister highlighted the importance of the Casablanca Finance City which has become a financial hub for Africa, noting that the Casablanca stock exchange is “one of the most dynamic stock markets in Africa,” which gives a modern image to the African continent. She also stressed the positive impacts of structural reforms and planning as well as partnerships with sovereign countries and funds on Africa’s economic growth and its people’s daily lives.Bouaida called on to ensure stability and security through political reforms and structural investment plans to offer more visibility to investors, underlining the importance of private/public partnerships. read more