Welcome!

News Feed Item

Morocco Shines as Key US Business and Security Ally at US-Africa Summit

Numerous Agreements Signed with US on Investment, Counterterrorism

WASHINGTON, Aug. 8, 2014 /PRNewswire-USNewswire/ (MACP) -- Led by Head of Government Abdelilah Benkirane, more than a dozen high-ranking Moroccan officials and business leaders made a strong case for Morocco's key role in promoting economic development and stability in Africa at the just-concluded US-Africa Leaders Summit in Washington, DC, which featured three days of official meetings, side panels, and one-on-one discussions. The Moroccan delegation attended more than 70 events that resulted in a number of public statements and signed agreements in the areas of business, education, counterterrorism, and more.

"The Summit proved to be a golden opportunity for African countries to showcase their diversity, strength, and dynamism," said former US Ambassador to Morocco Edward Gabriel. "Morocco, with its stability and remarkable economic growth at home, and strong, established relationships throughout the continent, shined as the ideal partner for the US as it seeks to build on the Summit's success and increase its engagement in one of the fastest-growing areas of the world."

A significant step was President Barack Obama's announcement during the US-Africa Business Forum on August 5 that this year's Global Entrepreneurship Summit will be held in Morocco. Now in its fifth year, the event is an extension of President Obama's emphasis on entrepreneurship as a pillar of US global engagement, and serves as a platform of exchange between global business leaders and entrepreneurs

At the National US-Arab Chamber of Commerce on August 4, Deputy Minister of Industry and Trade Mamoun Bouhdoud and President of the Moroccan Confederation of Businesses Miriem Bensalah Chaqroun delivered keynote speeches on the theme, "North Africa: Challenges and Opportunities in a Time of Transition." On that same day, Morocco's Minister of Industry and Trade Moulay Hafid Elalamy; Attijariwafa Bank CEO Mohamed El Kettani; and Casablanca Stock Exchange CEO Karim Hajji participated in a panel discussing The Atlantic Council's latest brief: "Morocco's Emergence as a Gateway to Business in Africa." Coauthors Dr. J. Peter Pham and Dr. Ricardo Rene Laremont wrote, "Morocco is well-suited to serve as a bridge for American commercial diplomacy into the continent... and it is in the United States' strategic interests to further deepen economic and commercial cooperation and cultivate stronger political and security partnerships with Morocco." 

Also on August 4, Mr. El Kettani signed a memorandum of understanding with the Overseas Private Investment Corporation and Wells Fargo to expand lending to small and medium enterprises in Morocco. Today, one in two loans in Africa is made through a Moroccan bank, as Attijariwifa Bank has an established presence in 12 countries in Africa and is continuing its expansion on the continent.

On August 5, Executive Director of Morocco's National Office of Hydrocarbons and Mines (ONHYM) Amina Benkhadra signed a memorandum of understanding with US companies Kosmos Energy and Chevron to provide training to engineering students at Morocco's Ecole Mohammadia and National School of Mineral Industry.

In a strong show of Morocco's important security role on the continent, Morocco, represented by Deputy Minister of Foreign Affairs Mbarka Bouaida, signed a Framework for Cooperation on Training for Civilian Security Services with the US to identify and support Moroccan security training experts and, beginning in September, provide joint training for civilian counterterrorism forces throughout the region. Several members of the Moroccan delegation were invited to speak on security issues throughout the week, including at The Atlantic Council, which hosted the event, "Designing Sustainable Solutions: A Roundtable on West African Security."

The Moroccan American Center for Policy (MACP) is a non-profit organization whose principal mission is to inform opinion makers, government officials, and interested publics in the United States about political and social developments in Morocco and the role being played by the Kingdom of Morocco in broader strategic developments in North Africa, the Mediterranean, and the Middle East. For more, please visit www.moroccoonthemove.com

This material is distributed by the Moroccan American Center for Policy on behalf of the Government of Morocco. Additional information is available at the Department of Justice in Washington, DC.

SOURCE Moroccan American Center for Policy

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that's no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, explored how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He expla...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices t...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"I focus on what we are calling CAST Highlight, which is our SaaS application portfolio analysis tool. It is an extremely lightweight tool that can integrate with pretty much any build process right now," explained Andrew Siegmund, Application Migration Specialist for CAST, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps promotes continuous improvement through a culture of collaboration. But in real terms, how do you: Integrate activities across diverse teams and services? Make objective decisions with system-wide visibility? Use feedback loops to enable learning and improvement? With technology insights and real-world examples, in his general session at @DevOpsSummit, at 21st Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, explored how leading organizations use data-driven DevOps to clos...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, discussed how they built...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
Digital transformation is about embracing digital technologies into a company's culture to better connect with its customers, automate processes, create better tools, enter new markets, etc. Such a transformation requires continuous orchestration across teams and an environment based on open collaboration and daily experiments. In his session at 21st Cloud Expo, Alex Casalboni, Technical (Cloud) Evangelist at Cloud Academy, explored and discussed the most urgent unsolved challenges to achieve f...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...