The second edition of the African Business Connect has been launched at the presence of more than 300 participants from Tanzania and Morocco. The Zanzibar Finance and Planning Minister Dr Khalid Salum Mohamed, said at the event that the initiative was important in enhancing African economic cooperation and in particular the exchanges between public and private Moroccan- Tanzanian actors.
“His Majesty’s Royal Visit, Mohammed VI, opened a sustainable development between our countries,” he said, adding that, we need to improve our capabilities, “We are encouraged by the Moroccan firms while seeking to open large partnerships in a win-win context.”
Chief Executive Officer of the Bank of Africa Tanzania Ammish Owusu-Amoah, highlighted the various opportunities offered by Tanzania, noting that the objective is to promote relations. “We saw our profit rise from 1bn/- to 7bn/- in the previous period. We intend to be here for several years,” he said, adding that Tanzanians will always be eager to share their experience with Moroccan companies.
Moreover, this symposium was an opportunity to sign a Memorandum of Understanding for Cooperation between the Moroccan Centre for Export Promotion and Tanzania Investment Centre.
After a presentation of business Climate and Investment in Tanzania, participating companies held a series of meetings as part of B2B, with up to more than 1120 meetings with an average of 14 appointments per Moroccan company.