The forum was "up to expectations" by the quality of participants representing the various member countries of the High Level Committee but also organizations, regional economic communities and African financial structures, said Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, in his closing remarks.

"We are all aware of the challenge of the transfer of funds, since it is a fundamental asset for African economies and that we must all try to optimize," he added.

This round table meeting has certainly allowed for interesting discussions, the objective being that diplomacy leaves the hand to financial experts to deal with this issue, said Bourita.

"We have always considered that the bulk of African migration is done in Africa, because there is a role to play within the African continent in terms of regulations, coordination and important decisions to be taken," said the minister.

It is important that we master even better this dimension of remittances and that we are not too dependent on statistics and structures outside Africa, said Bourita, emphasizing the important role of the African Migration Observatory as a structure in charge of analysis and monitoring of the problem of African migration.

The recommendations issued by the Forum constitute a roadmap to solve the problem of remittances, concluded the Minister, calling to transform the will into concrete action and conclusive steps towards partners, in order to improve the cost of remittances, which would benefit the development of the continent.

In order to come up with practical solutions, the sessions of this event focused on proposing new innovative, digital and inclusive models/channels and putting in place adequate infrastructures and favorable regulatory frameworks, as well as mapping the African diaspora worldwide, including skills, so as to optimize and strengthen its involvement in the socio-economic development of their countries of origin.

The participants also worked on the creation of an e-business platform that will connect the African diaspora with investors/project holders and create an emulation effect by capitalizing on the success stories of African migrants. The objective is to channel the financial flows of the diaspora towards the formal economy and to call upon the expertise of African nationals to develop innovative models of financial involvement.