In sum, these initiatives seek to mobilize $5 billion in investments in Morocco and across the region. These initiatives include the opening of a Prosper Africa office to be based in Morocco. The measures also provide for the launch of a 2X MENA initiative to catalyze $1 billion of investments in projects that advance women’s economic empowerment in the Middle East and North Africa. In January 2021, the Prosper Africa Secretariat will establish a regional office in Morocco, the initiative's very first regional office in North Africa. Finally, Morocco will serve as a regional center for USAID’s new continent-wide Prosper Africa Trade and Investment program.

Source: The North Africa Journal December 23, 2020 22:18 UTC