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Morocco Stands Out as Infrastructure Development Model – Africa50 CEO

Last updated: 2024/12/04 at 2:54 PM
Aljiha Post Published December 4, 2024
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Rabat – Morocco serves as a model for infrastructure development, stated Alain Ebobissé, CEO of Africa50, an investment bank for infrastructure in Africa, on Wednesday in Rabat.

“Morocco, a shining example in infrastructure development, is set to witness a significant increase in investments in this sector,” Ebobissé remarked during a press briefing on the sidelines of the opening of the 5th Africa Investment Forum (AIF), held under the High Patronage of His Majesty King Mohammed VI.

Ebobissé highlighted the surge in investments in Morocco, particularly in the context of major events such as the 2025 Africa Cup of Nations and the 2030 FIFA World Cup, emphasizing Morocco’s attractive business climate and the establishment of high-quality financial instruments that not only support investments within the Kingdom but also facilitate their expansion across the continent.

“What’s particularly noteworthy is the introduction of new instruments like the Mohammed VI Investment Fund, which is driving Morocco’s investment momentum,” he stated.

He further noted that the growing adoption of public-private partnerships (PPPs) will play a pivotal role in sustaining this momentum by creating additional opportunities to mobilize investments and accelerating the development of key ongoing projects.

The opening session was attended by Omar Kabbaj, Advisor to His Majesty King Mohammed VI and Honorary President of the African Development Bank (AfDB), Minister Nadia Fettah, and AfDB President Akinwumi Adesina.

The 2024 Africa Investment Forum (AIF) positions itself as an essential platform, paving the way for strategic investments that support Africa’s economic transformation while providing direct access to transaction opportunities across the continent.

Since its inception in 2018, the AIF has generated nearly $180 billion in investment interest for major projects in energy, infrastructure, healthcare, and agriculture, cementing its status as Africa’s premier investment platform for global investors.

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