At the initiative of the Corporate Council on Africa, decision-makers from the African and American governments and private sectors will meet in Marrakech tomorrow 19 July for the US-Africa Business Summit. The summit, which is being held under the patronage of His Majesty King Mohammed VI, and focused on the theme “Building the Future Together”, outlines concrete ways to strengthen economic cooperation between African countries and the United States.
According to a press release from the Moroccan Ministry of Industry and Trade, the holding of this summit in Morocco represents an opportunity to consolidate the strategic positioning of Morocco, the only African country to have concluded a free trade agreement with the United States, as a hub for Africa and a reference economic partner for the United States. “The choice of Morocco to host this event, held for the first time in North Africa, reflects the Kingdom’s commitment to the sustainable development of the African continent and a better integration of its economies into global value chains and reflects the common desire to reposition Africa in international trade flows, in a context of post-Covid economic recovery and reconfiguration of the international economic arena,” the statement said.
The Summit will focus on engaging public and private sector stakeholders to build stronger tripartite investment and trade links between the US, Morocco and Africa. The programme includes more than 35 plenary sessions and roundtables on strategic sectors for US-Africa economic and trade collaboration such as: agribusiness, infrastructure, energy and climate change, health, cyber security and ICT. The US-Africa Business Summit ends on 22 July.
