Strengthening South-South Cooperation is indispensable for African development (Afrique Avenir)

Read at : Afrique Avenir

Strengthening South-South Cooperation is indispensable for African development

From 29th to 30th April in Casablanca in Morocco, about thousand economic operators, businessmen and bankers from eleven African countries including Congo-Brazzaville, participated in the first international forum “Africa Development”. The forum was aimed at creating new exchange and investment opportunities to push economic growth in Africa.

Despite its various richness and its large stretches of land, Africa is still dealing with poor trade exchanges, making South-South cooperation fruitless. In an effort to correct these gaps and fall in step with other continents, the forum is hoping to provide economic operators and investors, through different workshops, with current issues concerning trade and investment framework.

Forum in Casablanca – a fundamental element of South-South cooperation

Opening with the subject “Which development and investment opportunities in Africa to weather financial crisis?”, the forum’s target, according to an organizer, is to inject a new dynamic into trade partnerships and investment relations among African deciders. Worried about the world crisis, Africans are looking for new means to boost their development, i. e. their future, by identifying possible economic interests thanks to this forum. “We initiated this forum as a common space for women, businessmen and deciders where they can persuade economic operators to participate in construction of tomorrow’s Africa due to the influx of foreign investors who are becoming more and more interested in this continent” , said Mohamed El Kettani, the CEO of the Group Attijariwafa, at the opening of the forum.


Author: Willem Van Cotthem

Honorary Professor of Botany, University of Ghent (Belgium). Scientific Consultant for Desertification and Sustainable Development.

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