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Rabat – Bloomberg Media announced that it will hold its inaugural Bloomberg New Economy Gateway Africa conference in Morocco’s Marrakech in June 2023.
The company said in a statement today that the event will take place in partnership with Morocco.
“This event will bring together leaders from the private and public sectors to discuss the world’s most pressing issues and evaluate potential solutions in the context of local and regional priorities,” Bloomberg said.
The panels will discuss several challenges the world is facing due to inflation, including the impact of “a slowing global economy, rising food and energy prices,” as well as supply-chain issues.
The agency recalled Morocco’s position in the recent Climate Change Performance Index 2022, which ranked Morocco first in Africa and 7th globally, stressing that the plenary program of the event “will reflect Bloomberg New Economy’s five editorial pillars,” particularly commerce, sustainability, and security, among others.
Bloomberg Founder Michael R. Bloomberg said that the event is part of the company’s New Economy gatherings expansion to Africa.
“We look forward to broadening our conversations in Morocco – a major gateway for global trade and climate action,” he said.
The businessman said that the event will put a “special focus on sustainability and resilience, issues critical to the future of every country.”
He also quoted the Moroccan government’s commitment toward boosting sustainable development as part of King Mohammed VI’s vision.
“We are honored to be hosting the first Bloomberg New Economy Gateway to Africa in June 2023 in Morocco, showing the international recognition of the Kingdom’s regional and continental leadership under the vision of His Majesty King Mohammed VI,” said Morocco’s Head of Government Aziz Akhannouch.
Akhannouch also recalled reforms that Morocco undertook to improve its business climate, describing the North African country as a “regional hub for international investment.”
In October, King Mohammed VI emphasized the importance of investments as a cornerstone to the country’s economic development.
The monarch expressed satisfaction with “the structural reforms Morocco has undertaken,” which significantly improved Morocco’s image as a business destination, while acknowledging results could still be improved to support the country to reach its full potential through encouraging private initiatives, and attracting more foreign investments.
