The General Confederation of Moroccan Enterprises (CGEM) and the government of the Nigerian state of Ogun signed, Wednesday in Abeokuta (100 km from Lagos), a memorandum of understanding (MoU), a memorandum of understanding (MoU) aimed at strengthening their collaboration in several key sectors of the economy.

Initialized by the Vice President of the CGEM Africa Commission, Ali Zerouali and the Governor of the State of Ogun, Dapo Abiodun, this agreement aims to establish a framework conducive to the launch of joint projects in sectors of common interest, to promote investment and innovation and to boost cultural and commercial exchanges between Morocco And Ogun State

The partnership between the employers' organization and Ogun, a major industrial center in Nigeria, covers a multitude of sectors including agriculture, agri-food and agro-technology where both parties are committed to exchanging best practices in agricultural technologies and innovations.

In the industrial sector, this MoU provides for close collaboration for the development of industrial parks, especially in the automotive sector, while in terms of energy and sustainable development, joint initiatives are planned by both parties to promote renewable energies, in particular solar, hydraulic and energy. wind turbine.

This MoU also covers other areas such as infrastructure development, exploring investment opportunities in road, rail, housing and port development projects as well as education and human capital development as well as education and human capital development, through the establishment of exchange and capacity building programs. acute;.

On this occasion, Mr. Zerouali highlighted the importance of this multidimensional and mutually beneficial partnership with the State of Ogun, noting that “this partnership is fully in line with our shared ambition to structure and promote regional value chains integrated into the global economy, especially in strategic sectors. ecological aspects of agro-industry, energy, training, and industry in the broadest sense

Morocco, under the enlightened leadership of His Majesty King Mohammed VI, is now asserting itself as a credible and stable hub in the service of South-South cooperation, he added, sharing the active commitment of the CGEM to promote the dynamic of industrial and economic co-development on the continent, by promoting complementarities, know-how transfers and synergies between African private actors.

Thus, the partnership with Nigeria represents a strategic lever for catalyzing cross-investment flows, strengthening intra-African trade, and building together competitive, sustainable and job-creating industrial ecosystems, and building competitive, sustainable and job-creating industrial ecosystems, and creating jobs together, noted Mr. Zerouali.

The signing of this important agreement between the CGEM and Ogun, in the presence of representatives of the Moroccan embassy in Nigeria, follows an initial meeting held in Casablanca last December, between the employers' organization and Moroccan employer managers, to develop economic collaborations in strategic sectors such as energy, agriculture and the automotive industry