The Bank Group’s delegation of about ten Directors met with government officials and representatives of the public and private sectors and conducted a series of meetings and field visits to assess the Bank’s activities in the country and better understand its development prospects.
The first government official with whom the Board of Directors met was the Minister of Economy and Finance Nadia Fettah. During this meeting, the two parties reviewed the government’s priorities and examined certain aspects of cooperation, according to an AfDB statement.
“We thank the African Development Bank for the support provided to our country in the implementation of several structural reforms and infrastructure projects, which have significantly contributed to a better inclusion of the population, especially youth and women,” said the Minister.
“The partnership between Morocco and the Bank is exemplary. We will use it to accelerate the dynamics of Morocco’s emergence,” said the spokesman for the delegation of the Board of Directors, Désiré Guedon, who praised “the relevance of the reforms undertaken, which make Morocco a development model to follow”.
In Rabat, the directors met with the Minister of Energy Transition and Sustainable Development, Leila Benali, with whom they discussed the need for a more structuring cooperation, which promotes the sharing of experience in energy transition.
The general manager of Tamwilcom – national company of guarantee company financing-, Hicham Serghini Zanati exposed before the directors the action of the institution which aims at guaranteeing the access to the financing, in particular of the young people and the women entrepreneurs, the start-ups and the private sector.
In Casablanca, the vice president of Moroccan Employers’ Association, Mehdi Tazi, presented the fundamentals of the Moroccan economy and the competitiveness factors of the private sector. “The African Development Bank has a strategic role to play in bringing together African private sectors and helping to achieve the African Continental Free Trade Area,” said Tazi.
“The complementarity of African value chains, the development of human capital and the strengthening of competitiveness factors – including logistics – are, among others, the determinants,” he stressed.
The Bank Group’s Board of Directors also met with representatives of Casablanca Finance City (CFC). “We have so many achievements with the AfDB,” said its deputy director general, Lamia Marzouki.
“It is, for us, a major institution. The law establishing Casablanca Finance City was initiated as part of the Bank’s financial sector development support project,” she said.
Board members also paid project visits to assess the impacts of Bank-financed infrastructure projects.
