In addition to mobilizing natural potential and sustaining economic growth of more than 5%, African states will have to quickly change their model in order to promote inclusive growth. This is one of the main recommendations of the IRES 2018 strategic report, on autonomous development.
In this configuration, “women, young people, the poor and migrants are resources to use,” it says. Morocco has been very involved in this process for a few years, particularly on the basis of bilateral or multilateral conventions. His contribution concerns several aspects, which are decisive for the autonomous development of the continent.
At the top, the economic transition, focusing on integration, investment and the development of sectors of excellence. Currently, the level of intra-regional trade remains very low, at 20% against 60% in Asia and 66% in Europe. Morocco’s contribution to integration depends on several aspects. Starting with strengthening macroeconomic stability to improve the business climate and attract more FDI.
“Reforms in Morocco are transferable to other countries,” according to the IRES report. This is for example the control of inflation, the sustainability of public debt … This should be accompanied by an effort to develop international connectivity infrastructure. For example, the Nigeria-Morocco Atlantic Pipeline Project “is a powerful integration tool”.
This will accelerate the electrification of the West African region, develop industrial clusters in sectors such as agribusiness and fertilizers, and improve the competitiveness of exports. Financial transition is also a key sector.
“In the field of Islamic finance, Morocco has the potential to be Malaysia on the African continent,” reads this document. At the same time, the Casablanca financial center is hosting the Africa 50 fund, dedicated to financing infrastructure projects on the continent over the next 50 years.
This African dynamic is supported by the involvement of Moroccan private operators. “These new regional champions are working in strategic areas.” This is the case in particular for the mining, infrastructure and telecoms sectors, but also for agriculture and fishing. The concept of sustainability is very present in this configuration. Africans are aware that this continent is the most affected by the effects of climate change.
Another area in which the contribution of Morocco is decisive: the strengthening of human capital. Rabat is particularly sought for its expertise in matters of national reconciliation, religious reform, training of imams … These aspects are unavoidable in a continent that lives to the rhythm of armed confrontations.
Because, “governance is a necessary condition, but not sufficient”. Hence the need for a more active and united unit, reads in this document. This appeasement of social relations must be accompanied by a skills upgrade. Here again, Rabat plays a determining role. African managers are trained in Morocco in various fields, such as aeronautics, finance, railway network management, agriculture, ICT, energy efficiency … “.
Between 1986 and 2017, more than 5,000 administrative staff from these countries have honed their knowledge and expertise in the Kingdom. A new strategy for the development of vocational training was launched in April 2017.
The alliance formed with states of the region such as Benin, Burkina Faso, Cameroon, Ivory Coast, Gabon, Mali, Senegal … aims to promote the sharing of know-how and experiences between actors in vocational training. It should also be remembered that Morocco is the 1st French-speaking African country and 2nd of the whole continent to welcome sub-Saharan students.