USA-Africa: "Made with Africa" ​​at the heart of the debates

USA-Africa: “Made with Africa” ​​at the heart of the debates

The president of the CGEM, Chakib Alj, stressed that “Africa must be at the heart of economic recovery and the dynamics of reconfiguring value chains, given the many competitive advantages the continent has”.

“Made with Africa” was at the heart of discussions at a round table organized by the CGEM, on the sidelines of the 14th edition of the USA-Africa Business Summit. This high-level dialogue aimed to shed light on the complementarities of value chains between African countries, as well as between the United States and Africa, particularly in light of the entry into force of the African Continental Free Trade Area (Zlecaf), indicates the CGEM in a press release on this round table initiated under the theme “From Made in Africa to Made with Africa”. It also made it possible to identify the actions to be taken to accelerate investments and co-investments in favor of the construction of sustainable industrial value chains, adds the same source.
In his opening remarks on this occasion, the president of the CGEM, Chakib Alj, underlined that “Africa must be at the heart of economic recovery and the dynamics of reconfiguration of value chains, due to the many competitive advantages available to the continent”.
He also stressed the need to mobilize more financing for bankable projects in strategic sectors, such as health, infrastructure, digital connectivity, food security and climate and energy efficiency and energy. extend this financing to regional and continental markets.
Mr. Alj further affirmed that “Moroccan companies are mobilized and committed to forging partnerships with their American counterparts and other African countries to strengthen trade, create new markets, co-invest and co-produce”. .
This panel, moderated by the president of the Africa Commission of the CGEM, Abdou Diop, brought together economic actors, namely the president of the “Confederation of Mozambican Business Association” Agostinho Vuma, the president of the “Liberia Business Association”, James Morzart Strother, the head of the Maghreb Office of IFC (International Finance Corporation), Xavier Reille.
Also present were the Vice-President of the Africa Commission of the CGEM and Director of Cooperation and International Business Development at MASEN Ali Zerouali, the Director of Corporate Affairs of Procter and Gamble, Tamer Younes and the Managing Director of Debswana Diamond Company, Lynette Armstrong .
It should be recalled that the panelists shared during this meeting, their experience and vision of the industrialization of the African continent.

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