- HM the King Gives Approval to Send Personal Royal Donation in Form of Food Aid to Lebanese Armed Forces and People
- Mr. Nasser Bourita Holds Talks with Italian Counterpart
- MFA Bourita and European Commissioner Várhelyi Discuss EU Support for Structural Reforms, Carried out Under Leadership of His Majesty the King
Mr. Jazouli: Opening of 'Prosper Africa' Branch in Rabat Enshrines Royal Vision to Establish Morocco as Hub towards Africa
Commenting on the two cooperation agreements signed Tuesday in Rabat between Morocco and the United States of America, on the occasion of the visit to the Kingdom of a high-level US-Israeli delegation, the minister noted that these are historic agreements mobilizing 5 billion USD to promote investment in Morocco and Africa.
The first part provides for opening a Prosper Africa office, a US initiative launched in 2018 and that brings together 17 US agencies, including major US government departments, in addition to Exim Bank, Overseas Private Investment Corporation, USAID, the Millennium Challenge Corporation, among others.
As for the second part, he said, it is an agreement with the Moroccan government under which the US International Development Finance Corporation (DFC) commits to invest in Morocco the equivalent of 3 billion dollars on major projects.
The last part consists of opening the office of the 2X Women Africa initiative aimed at boosting female entrepreneurship in the MENA region with an envelope of 1 billion dollars, Jazouli explained.
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