Casablanca: Morocco is reinforcing its dedication to South-South cooperation and co-development in Africa, as highlighted by the Economy Minister during the opening of the Investment Round Table focused on financing the Central African Republic’s National Development Plan 2024-2028. The minister emphasized the significance of this two-day event, which underscores the Kingdom’s ongoing support for development initiatives in the Central African Republic.

According to Agence Marocaine De Presse, the minister referred to the event as a manifestation of His Majesty the King’s vision to strengthen African solidarity. The Kingdom of Morocco is committed to supporting the Central African Republic on its promising development journey. The minister also highlighted Morocco’s experience in developing public-private partnerships and mobilizing funds, which presents a valuable opportunity to showcase the Central African Republic’s investment prospects to international and continental investors.

Richard Filakota, Ministe
r of Economy, Planning, and International Cooperation of the Central African Republic, remarked on the importance of the round table, stating it is a significant occasion as it marks the first time such an event takes place in Casablanca, an internationally recognized business hub. Filakota expressed pride in collaborating with Morocco to attract investors for the National Development Plan, which aligns with the aspirations of the Central African Republic’s citizens for sustainable growth and progress.

Filakota further elaborated on the objective to mobilize approximately $12.5 billion for strategic projects within the plan, marking a pivotal step toward fostering a new dynamic for development in the Central African Republic. The collaboration with Morocco is seen as a crucial element in achieving these ambitious goals.