<\/p>\n
The French Development Agency (AFD) will start investing in the Moroccan Sahara, announced its CEO, R\u00e9my Rioux, who intends to visit the Kingdom\u2019s southern provinces.<\/p>\n
\u201cThe AFD Group will invest in the Sahara, a link between Morocco and its neighboring countries. I will soon visit La\u00e2youn and Dakhla to meet the local population,\u201d Rioux told MAP, stressing that this decision is supported by the \u201call-Africa\u201d approach that AFD believes it shares with Morocco.<\/p>\n
\u201cWe share an all-Africa approach to promote regional cooperation,\u201d stressed the AFD CEO, who sees Morocco\u2019s influence in Africa as a \u201cdriving force\u201d to support the ongoing transitions on the continent.<\/p>\n
<\/p>\n
He cited the Atlantic space to strengthen port cooperation; Rabat\u2019s commitment to a pioneering Africa in terms of a sustainable blue economy; food security, with the launch of the Agrifinance platform, led by the OCP Group and supported by AFD, to finance the local transformation of agricultural value chains on the continent; and museum cooperation around the partnership with the National Foundation of Museums, to promote the Foundation\u2019s openness to the continent and exchanges of expertise for the benefit of several African countries.<\/p>\n
Rioux also mentioned other cooperation models, mainly in sports and professional training, in which Morocco has played a pioneering role and has intensified innovative initiatives in several African countries.<\/p>\n
To support this reinforced exceptional partnership between Morocco and France, the AFD CEO stressed that President Emmanuel Macron\u2019s recent State visit to the Kingdom reaffirmed \u201cour commitment to write together, and for the next 30 years, the new book of ties between the two countries, by investing in the sustainable development of the Kingdom\u2019s entire territory, exchanging our development experiences, and joining forces across the African continent.\u201d<\/p>\n
For AFD, this ambition has resulted in sealing six declarations of intent with the Moroccan government, representing a total of over \u20ac900 million over the next five years, in a co-investment approach.<\/p>\n
\u201cIn line with the approaches promoted by Moroccan authorities, our Group will notably directly support the Casablanca-Settat and Guelmim-Oued-Noun regions, to contribute to the inclusive and sustainable development of these territories,\u201d he said.<\/p>\n
He added that AFD will further strengthen its action by working together with OCP, with which \u201cwe have just signed a partnership agreement of which we are very proud\u201d to support the decarbonization and resilience of the Moroccan economy and, more broadly, of the African continent.<\/p>\n
Highlighting the priority sectors for the Moroccan-French partnership, the AFD CEO cited first and foremost the preservation of natural resources, which is \u201cone of the major challenges for many countries, including Morocco, in the coming years.\u201d<\/p>\n
In this respect, he said that the fight against water scarcity will be at the heart of the Group\u2019s interventions, through support for the national water strategy.<\/p>\n
\u201cWe will also work to extend our support for sustainable forest management into new territories, such as the Toubkal massif, and continue to support the promotion of sustainable and resilient agriculture,\u201d he said.<\/p>\n
He added that the socio-economic inclusion of youth and women is also one of AFD\u2019s priorities for action with Morocco, through support for the Kingdom\u2019s major social reforms.<\/p>\n
The third priority is to support economic recovery through private investment and entrepreneurial initiatives. To contribute to this, he added, all the Group\u2019s components \u2013 AFD, Proparco and Expertise France \u2013 alongside STOA and Bpifrance, are joining forces with the Mohammed VI Fund for Investment to create the \u201cMorocco-France Investment Accelerator.\u201d<\/p>\n
\u201cFinally, the energy transition obviously remains one of the key priorities of our partnership, with continued support for research and development in forward-looking technologies such as green hydrogen and sustainable mobility,\u201d he concluded.<\/p>\n
Morocco is the AFD Group\u2019s leading partner country worldwide. Over the past thirty years, the Group has invested more than \u20ac7 billion to support the reforms and innovative investments defined and carried out by Moroccan public and private stakeholders.<\/p>\n<\/p><\/div>\n
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from content and romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation<\/p>\n","protected":false},"excerpt":{"rendered":"
The French Development Agency (AFD) will start investing in the Moroccan Sahara, announced its CEO, R\u00e9my Rioux, who intends to visit the Kingdom\u2019s southern provinces. \u201cThe AFD Group will invest in the Sahara, a link between Morocco and its neighboring countries. I will soon visit La\u00e2youn and Dakhla to meet the local population,\u201d Rioux told […]<\/p>\n","protected":false},"author":5,"featured_media":4565,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[13],"tags":[3411,940,658,3092,3096,3097,87,1182,234,3095,1006,3413,1400,179,3093,3088,1259,3094,3412,3098],"class_list":["post-4564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-agency","tag-american","tag-ceo","tag-characters","tag-content","tag-creation","tag-development","tag-dont","tag-experience","tag-expert","tag-french","tag-groups","tag-investing","tag-moroccan","tag-native","tag-rephrase","tag-sahara","tag-speaker","tag-start","tag-talk"],"_links":{"self":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/comments?post=4564"}],"version-history":[{"count":1,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4564\/revisions"}],"predecessor-version":[{"id":4566,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/4564\/revisions\/4566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media\/4565"}],"wp:attachment":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media?parent=4564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/categories?post=4564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/tags?post=4564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}