The Moroccan Embassy in Ghana has celebrated the 24th Anniversary of King Mohammed VI since his ascension to the throne with a call on Africa to have faith in Africa to achieve development and prosperity for the continent.
The commemoration of the Throne Day is a celebration of the longstanding tradition of the ‘act of allegiance البيعة and a unique tribute to the millennial attachment between the King and the people; representing the unity of the nation and the state as well as the belief of the people in a bright future in dignity, prosperity, peace and security.
The ceremony held at the Residence of Morocco in Accra was attended, by the Minister of Trade and Industry, Kobina Tahiru Hammond, representing President Akufo-Addo; the Minister of Youth and Sports, Mustapha Yussif; and the Deputy Minister of Information, Fatimatu Abubakar.
The Dean and members of the Diplomatic community, business representatives civil society, religious and traditional leaders, and the Moroccan community in Ghana were also present at the successful event.
Morocco had a Gross Domestic Product of roughly $42 billion when King Mohammed VI ascended the throne in 1999, but he anticipated a bright future for the country.
In 2022, Morocco’s GDP reached more than threefold to $132 billion; a figure that is poised to be bolstered as Morocco adopted a new development model aiming to double its GDP per capita in 15 years.
According to Moroccan Ambassador to Ghana Imane Ouaadil, The Kingdom of Morocco has also strengthened its position as a key player in food security in the world, particularly in Africa through the development of the fertilizer industry, providing farmers with reasonably priced, high-quality products taking into account soil and crop needs in each region.
The Ambassador said that the Moroccan investments in Ghana have also grown considerably during the last decade, in the finance sector with the presence of Bank of Africa, in construction and real estate with CIMAF and its sister company Addoha and in retail with Tractafric and Kitea who joined in March 2023.
“To pave the way for greater collaboration and exchange Ghana and Morocco have consolidated their legal framework of cooperation by ratifying in October 2022 the Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion” she emphasised.