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Rabat – The Tel Aviv Stock Exchange will host a Moroccan-Israeli conference to discuss investment opportunities in Morocco on September 5.
Described by the organizing law firm Firon-UGGC as the first of its kind, the conference will explore the theme “Between the Middle East and Africa: How to Secure Your Investments in Morocco?”
The conference “will shed light on business opportunities in Morocco,” Firon-UGGC said, adding that the event will be an opportunity for participants to identify key sectors for growth in Moroccan-Isreali relations, including agriculture and renewable energy.
Targeted towards entrepreneurs and investors who want to operate in Morocco, the event will bring together Moroccan business and finance leaders with Israeli and international investors.
Notably, the conference will be attended by representatives from Bank of Africa and Casablanca Finance City, as well as the Manufacturers’ Association of Israel and the Federation of Israeli Chambers of Commerce.
Its three main panels will examine the details of investing in Morocco as a foreign entrepreneur, economic collaboration between Morocco and Israel, and Morocco’s position as a gateway to Africa.
Among the key sectors that the forum will focus on are renewable energy, agriculture, technology, sustainable development, healthcare, and infrastructure projects.
Since Morocco and Israel re-established diplomatic relations in late 2020, the two countries have been increasing their political and economic cooperation, especially in the technology and security sectors.
Read also: Trade Between Morocco, Israel Reaches $63.9 Million
Morocco has been working to cement its reputation as a go-to investment hub for foreign investors seeking to take their business to Africa.
This commitment was exemplified in July, when Marrakech held the U.S.-Africa Business Summit, linking American investors to Africa through a focus on Morocco as a gateway to the continent.
Speaking at the Marrakech summit, General Director of Casablanca’s Finance City Authority (CFC) Lamia Marzouki, who will also attend the Tel Aviv conference, highlighted Morocco’s ability to reach African destinations in terms of investments. Many Moroccan banks have expanded their operations across Africa in the past decade, in hopes of attracting investors who will use them to reach Africa’s massive population, considered one of the biggest consumer markets in the world.
