Morocco has agreed with Mano River Union to foster cooperation ties in security, economy, investment, finance, education, technical assistance, and vocational training.
The Mano River Union, which was established in 1973, includes Liberia, Sierra Leone, Guinea and Côte d’Ivoire.
The four African countries and Morocco share the same views and goals to spur regional growth & prosperity, enhance economic integration, peace and stability.
The five countries alliance was sealed Monday in New York on the sidelines of the UN General Assembly convening in New York. Their action plan covering the 2025-2027 period was inked by Moroccan foreign Nasser Bourita and his peers Kacou Houaja Leon Adom (Côte d’Ivoire), Morissanda Kouyate (Guinea), Sara Beysolow Nyanti (Liberia) and Musa Timothy Kabba (Sierra Leone).
This new partnership is part of Morocco’s African policy and solidarity-based cooperation with African countries, offering them technical and financial support in various sectors including vocational training, agriculture, water, fisheries, tourism renewable energies…
Morocco is the second largest African investor in Sub-Saharan Africa and the largest African investor in West Africa. Moroccan investment is injected in various sectors including banking, telecommunications, industry, real estate, services, trade, and insurance.
Moroccan enterprises are operating in 30 African countries, building an ecosystem conducive to inclusive growth. Moroccan banks, including BMCE-Bank of Africa and Attijariwafabank, contribute to development of African countries by extending up to $ 100 million in credit loans to government-funded projects and local small and medium enterprises.
