Business
The Morocco-Spain Partnership: A Strategic Catalyst for Africa-Europe Relations
According to Aziz Akhannouch, the two countries have a unique window of opportunity to transform their partnership into a true accelerator for Africa-Europe relations, in which Spain and Morocco would be natural pivots.
The partnership between Morocco and Spain constitutes a strategic catalyst to strengthen the relationship between Africa and Europe, stated the Head of Government, Aziz Akhannouch, on Wednesday in Madrid.
“We have before us a unique window of opportunity to transform our partnership into a true accelerator for Africa-Europe relations, in which Spain and Morocco would be natural pivots,” affirmed Mr. Akhannouch in a speech concluding the proceedings of the Spain-Morocco business meeting.
Spain is a European renewable energy power and a major industrial platform, while Morocco is both an African hub, an export platform toward Europe, and a future exporter of green energy, he explained.
Thanks to the strategic vision of His Majesty King Mohammed VI, the Kingdom has intensified its exchanges with the continent over the last 20 years, now establishing itself as the top African investor in Africa, emphasized the Head of Government, noting that Morocco can, in this capacity, serve as a bridge for Spanish companies in brotherly countries with which it maintains deep political, diplomatic, and commercial relations.
Highlighting the complexity of the current international context, marked by economic, security, and climate tensions, Mr. Akhannouch indicated that Morocco, under the leadership of His Majesty the King, has demonstrated resilience by combining targeted support measures, structural reforms, and the preservation of macroeconomic balances.
Morocco now offers a clear, predictable, and incentive-driven framework for all investors—national and foreign, large corporations and SMEs—with targeted support mechanisms in high value-added sectors, he asserted.
Mr. Akhannouch also highlighted measures taken by the government to improve the business climate, citing in particular the tax reform for greater clarity and competitiveness, the optimal mobilization of economic land, the effectiveness of administrative decentralization, the simplification and digitalization of procedures, and the reform of the decree on public procurement and payment deadlines.
Returning to the strategic partnership uniting Morocco and Spain, the Head of Government observed that beyond economic cycles, the relationship between the two countries is structural, because “it is rooted in the interests of our societies, our companies, and our citizens.”
This relationship is carried at the highest level by the vision and constant dialogue between His Majesty King Mohammed VI and His Majesty King Felipe VI, he emphasized, noting that it is this continuity that gives our partnership its solidity and strategic scope.
“Together, we can build integrated energy corridors (electricity and green hydrogen), Atlantic/Mediterranean logistics corridors, and joint co-investments in West Africa, where Spanish and Moroccan companies can rely on the complementarity of their networks, funding, and expertise,” he concluded.
