Paris: Morocco Takes Part in Summit on Financing African Economies

18 mai 2021 Printable Version

Paris - Morocco is taking part Tuesday in the Summit on the financing of African economies, organized at the initiative of French President Emmanuel Macron, which aims at drawing a roadmap to help the African continent cope with the economic shock of the Covid-19 pandemic.

The Kingdom is represented at this Summit, which is held in a hybrid format, by the Minister of Economy, Finance and Administration Reform, Mohamed Benchaaboun, the Director of the Treasury, Fouzia Zaaboul, and the Deputy Director of the Treasury, Hicham Talby.

The Summit brings together some 30 African and European heads of State, as well as the heads of global financial institutions.

Several European leaders will take part in the Summit, as well as representatives of G7 countries, the G20 and international institutions (the International Monetary Fund -IMF, the World Bank, the Organisation for Economic Cooperation and Development - OECD, the European Bank for Reconstruction and Development - EBRD).

Together, they will explore concrete actions and solutions to boost the African private sector, foster prosperity, and accelerate the green and digital transition in line with the SDGs and the Paris Agreement on Climate Change.