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Morocco, a strategic enclave between America and Africa

Thanks to its great development, the Kingdom has positioned itself as the best option to act as a "bridge" between the United States and the African continent
Antony Blinken Nasser Bourita Cumbre del Neguev Marruecos EEUU

AFP/JACQUELYN MARTIN  -   US Secretary of State Antony Blinken (L) listens as Moroccan Foreign Minister Nasser Bourita speaks during the Negev Summit in Sde Boker, Israel, 28 March 2022

Morocco's dynamic success has not gone unnoticed by the Global Policy Institute, an American think tank based in Washington, which has affirmed that the Kingdom can play an important role as a bridge between the United States and African economies.

In its article 'Business in Africa goes through Morocco', signed by Paolo von Schirach, the think tank's president, it highlights the choice of Morocco to host the US-Africa Business Summit that took place from 19 to 22 this month in Marrakech. Morocco's designation as host was not fortuitous, as the Kingdom has managed to develop and strengthen its political and commercial relations with several countries in the rest of the continent, particularly with sub-Saharan Africa. 

PHOTO/REUTERS - El presidente de Senegal Macky Sall estrecha la mano al rey Mohamed VI de Marruecos
PHOTO/REUTERS - Senegalese President Macky Sall shakes hands with King Mohamed VI of Morocco

Referring to this US-Africa Business Summit organised by the Moroccan government, the think tank's president reported "real optimism" about the real opportunities for US investment in Africa, along with the partnerships that American companies are beginning to initiate with corporations on the African continent.

In fact, Paolo von Schirach emphasises Morocco's strong presence in Africa, especially thanks to its banks and investment funds, financial institutions which, according to the author of the article, are closely involved with their counterparts in the rest of the continent, generating synergies that trigger win-win investments. 

For the Global Policy Institute, Morocco is already a "serious partner", capable of attracting US investment and playing an "essential role as a gateway and meeting point between the Americas and the economies of the African continent".

The free trade agreements that have been established between Morocco and the United States play an important role in this economic relationship. Within this dynamic, the Millennium Challenge Corporation (MCC), a US federal agency that has just signed an agreement with the Moroccan government for the financing of new industrial parks, with the aim of providing space for promising new companies, stands out.

PHOTO/FILE - Senegal inaugura su Consulado en Dajla y muestra su apoyo a Marruecos en la disputa del territorio del Sáhara Occidental
PHOTO/FILE - Senegal inaugurates its Consulate in Dakhla and shows its support for Morocco in the dispute over the territory of Western Sahara

This situation is the result of the great work Morocco has been doing for years, thanks to which the World Economic Forum has ranked the Kingdom's economy as the most competitive in North Africa.

As a result of Morocco's major socio-economic development efforts, the country now boasts state-of-the-art industrial parks, polytechnic universities and a young, multilingual and highly qualified workforce.

America Coordinator: José Antonio Sierra