Morocco’s CGEM pushes for localised African value chains to drive industrialisation
The General Confederation of Moroccan Enterprises (CGEM), a premier network of entrepreneurs, is urging the creation of localised and complementary value chains across Africa to accelerate industrialisation and reduce dependency on imports.
Ali Zerouali, Vice President of CGEM’s Africa Commission, said regional integration could drive investment and create jobs by leveraging each country’s competitive advantages.
“We don’t want to grow alone. We want to bring along our African brothers by building regional and continental value chains,” he told a group of African journalists.
He cited Ghana’s rubber industry as an example, saying it could supply raw materials for Morocco’s automotive sector, while Ghana imports Moroccan-made tyres and vehicles.
“Industrialisation is crucial, an...