Morocco and Senegal are bound by a sustainable and diversified investment relationship, the Head of Government, Aziz Akhannouch, stated on Tuesday in Casablanca.
According to him, this relationship reflects a constant presence built over time and anchored in structuring and strategic sectors for the economies of both countries, namely banking and insurance, construction materials, mining, agricultural inputs, health and pharmaceuticals, real estate, and public works.
Akhannouch noted at the opening of an economic meeting held on the sidelines of the 15th Morocco–Senegal High Joint Commission, in the presence of the Prime Minister of Senegal, Ousmane Sonko.
For Moroccan companies, Senegal is a natural gateway to West Africa, he notes, pointing out that bilateral trade approached 300 million US dollars during the first ten months of 2025, with Morocco investing more than 540 million US dollars in Senegal.
“Thanks to the Strategic Vision of His Majesty King Mohammed VI, Morocco has become, in less than fifteen years, the leading African investor in West Africa and the second-largest across the entire continent.”
This presence is based on Moroccan companies capable of operating, investing, and engaging in sustainable and mutually beneficial partnerships with their African counterparts, the Head of Government emphasized, expressing the Kingdom’s ambition to strengthen exchanges and contribute to deeper economic integration that is pragmatic and oriented toward competitiveness and job creation.
The Head of Government indicated that Morocco is investing to strengthen its airport platforms, road and logistics corridors, and port capacities, noting that on the Atlantic seaboard, the growing development of the axis toward Dakhla—through the expressway and the future Dakhla Atlantique port—positions the Kingdom as a hub focused on logistics, industry, the maritime economy, and exports.
This ambition falls within the framework of the Royal Initiative in favor of Atlantic African countries and the project to open up landlocked Sahel countries, which make access to the sea, connectivity, and trade corridors key levers for economic development and shared prosperity, Akhannouch noted.
Within this architecture, Senegal occupies a central and privileged place in His Majesty the King’s African Vision, he remarked.
On this occasion, he stressed the importance of revitalizing the Economic Impulse Group, established in 2015, in order to better structure and further boost Morocco–Senegal economic partnership relations.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.