Morocco’s development model is an example, Maada Bio says

APA-Casablanca (Morocco)

Morocco’s development model is enjoying a success in its agenda that “deserves” the attention and inspiration of its peers on the continent, said Sierra Leonean President Julius Maada Bio, on Thursday in Casablanca, at the opening of the 6th edition of the International Africa Development Forum (FIAD).

 “Morocco can be proud of the success of its development agenda, which deserves to be copied and followed,” said President Maada Bio, whose country is the guest of honour of this year’s edition.


“Morocco is a hope for developing countries,” especially in Africa, a continent full of “potentialities” and which is experiencing “the emergence of several investment initiatives,” Bio said.


 “Africa must belong to Africans,” the Sierra Leonean leader hammered, stressing the need to “create democratic spaces, stable countries and an economic environment conducive to investment.”


“We must also ensure that tax systems are improved and known to all, that laws are transparent, that natural resources are well managed and that corruption is eradicated,” he added.


Initiated in 2010 by the Africa Development Club of the Attijariwafa bank Group, FIAD is designed as a reference platform in Africa, reflecting the commitment of the economic and political community in the intra-continental dynamic.


On the theme “When East meets West,” FIAD will focus on economic advocacy for intra-African integration, networking of countries and investors in the Investment Market and linking more than 1,500 economic operators from 20 countries on the continent with previously organized B-to-B events.


In addition to Sierra Leone, this year the Investment Market invited Cameroon, Cote d’Ivoire, Egypt, Ethiopia, Kenya, Mali, Morocco and Rwanda.


The Forum is an initiative launched in 2010 and led by one of the continent’s pan-African investment funds, Al Mada, Attijariwafa bank’s core shareholder.



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