Morocco’s CGEM Advocates for Localized African Value Chains to Boost Industrialization

The General Confederation of Moroccan Enterprises (CGEM) is championing the establishment of localized value chains across Africa to enhance industrialization and reduce dependency on imports. Vice President Ali Zerouali emphasized the importance of regional integration in stimulating investment and job creation by leveraging the unique strengths of each African nation. He cited potential collaborations between Ghana and Morocco in sectors such as rubber and automotive manufacturing as examples of how this initiative could be realized. With a membership exceeding 90,000 companies, CGEM actively promotes entrepreneurship and innovation, particularly in the context of Africa's anticipated population growth to 2.5 billion by 2050. Marwa Tellal, CGEM's Director of Communications, underscored the urgency of utilizing the continent's natural resources to foster a more self-sufficient economy. This initiative aligns with broader efforts to enhance economic resilience and sustainability across Africa.