Africa: U.S. Embassy Morocco and Prosper Africa Host Venture Capital Forum

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The United States Mission in Morocco and the U.S. government's Prosper Africa initiative convened a two-day U.S.-Morocco Venture Capital Forum in Marrakech on May 27-28 to deepen U.S.-Morocco commercial ties and increase investment in the region.

Marrakech — The United States Mission in Morocco and the U.S. government's Prosper Africa initiative convened a two-day U.S.- Morocco Venture Capital Forum in Marrakech on May 27-28 to deepen U.S.- Morocco commercial ties and increase investment in the region.

Morocco remains one of the United States' closest and oldest allies and the only country in Africa with a free trade agreement with the United States. Both countries have benefited from the FTA, and there are over 150 U.S. companies operating in Morocco in key sectors. Speaking to the Venture Capital investors present, U.S. Ambassador Puneet Talwar stated:"The United States government also makes investments in Morocco. And we enjoy an extraordinary return on our investment." He added:"I am also confident that you will come to the same conclusion we have -- that it is in your enlightened self-interest to form deep, lasting, and transformative partnerships here in Morocco. And that Morocco is a good return on investment.

Representatives of the Government of Morocco - Delegate-Minister to the Head of Government of Investment, Convergence and the Evaluation of Public Policies Mohcine Jazouli, and Minister Delegate in charge of Digital Transition and Administration Reform Ghita Mezzour - spoke at the event.

Source: News Formal (newsformal.com)

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