AIF: Roundtable focuses on reconciling economic growth with social needs

Daily News Egypt
3 Min Read
Mustafa Paytas, Minister Delegate for Relations with Parliament and Government Spokesperson of Morocco

A roundtable discussion held on Wednesday during the Africa Investment Forum (AIF) in Marrakesh focused on ways to reconcile economic growth with social needs.

The discussion brought together high-level participants, including Mustafa Paytas, Minister Delegate for Relations with Parliament and Government Spokesperson of Morocco, and Sayeeda Warsi, a member of the House of Lords in the United Kingdom.

Paytas highlighted Morocco’s ability to confront challenges and initiate social reforms, emphasizing the country’s stability and the spirit of solidarity among its people. He noted that Morocco’s mechanisms have enabled it to deal with crises and move forward with social reforms.

Warsi stressed the importance of considering the specific context of each country when pursuing economic development. She emphasized the need to identify social priorities and the role of social assistance mechanisms when economic development falls short of achieving desired goals.

The 2023 Africa Investment Forum, held under the patronage of King Mohammed VI, brought together heads of state and government, decision-makers from the public and private sectors, and investors.

Morocco’s King Mohammed VI opened the 2023 Africa Investment Forum Market Days with a call for Africans to work together to attract the levels of private investment needed to drive the continent’s inclusive development.

The Forum provided an opportunity for heads of state and government to make the case for investment in their countries by participating in deal-focused boardrooms and thematic plenaries.

The Africa Investment Forum’s eight founding partners are the African Development Bank Group, Africa50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank, and Trade and Development Bank.

Morocco’s King Mohammed VI opened the 2023 Africa Investment Forum Market Days on Wednesday with a call for Africans to work together to attract the levels of private investment needed to drive the continent’s inclusive development.

Heads of state and government took the opportunity of the three-day Forum to make the case for investment in their countries by participating in deal-focused boardrooms and thematic plenaries. They include Azali Assoumani, President of the Union of Comoros and current chairperson of the African Union, Tanzania’s President Samia Suluhu Hassan, the President of Sierra Leone Julius Maada Bio, Rwanda’s Prime Minister Eduardo Girente and the Prime Minister of Barbados Mia Mottley.

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