Trade and Industry minister, Ryad Mezzour, discussed partnership and investment opportunities in Morocco with key stakeholders in German industry, on the sidelines of his participation in the 3rd “Africa Trade & Invest” Forum, held on November 6-7 in Frankfurt.
Representing Morocco at this annual event initiated by the German-African Business Association “Afrika-Verein”, Mezzour explained to German industrialists Morocco’s new investment vision and the reforms undertaken to enhance the Kingdom’s attractiveness and boost high value-added partnerships.
Leading German manufacturers such as Weiss Chemie, Siemens and Bosch were keen on investing in Africa, particularly in Morocco, a country considered a reliable partner open to the world and offering one of the continent’s most competitive platforms.
“This visit was marked by highly enriching exchanges and promising meetings for Morocco’s industrial and commercial development, as part of the major industrial integration projects led by His Majesty King Mohammed VI,” Mezzour told MAP.
Among these sectors, Mezzour mentioned the development of green hydrogen, electrolysers and the automotive industry – in short, the high value-added industry that Morocco has built up as part of a complete ecosystem, from workforce to tax and financial incentives.
Afrika-Verein’s Africa Trade & Invest meets Managing Risk Forum is a platform for solution-oriented reflections upon the current (geo-)political situation on the African continent, identifying necessary governmental and regulatory frameworks to broaden German companies’ presence in African countries, mapping existing risk mitigation and financing schemes and showcasing African and German hidden champions.
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