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Africa gets 85% of Morocco’s Foreign Direct Investments, AfDB | North Africa Post

The African Development Bank praises Morocco’s economic model and its investments in Africa:

The North Africa PostThe African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to the continent.

In a statement issued following the visit of the AfDB President Akinwumi Adesina to Morocco last week, the Bank described the Kingdom as “one of AfDB’s best performing portfolios on the continent.”

The Bank highlighted Morocco’s economic experience as a model in Africa as evidenced by its endeavor to become an export-oriented economy. In this regards, AfDB noted that Morocco is the third largest exporter in Africa after Egypt and South Africa…[FULL STORY]

 

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