Agadir, Morocco — Tangier has emerged as a pivotal hub for Africa’s digital future, hosting the 58th Session of the Conference of African Ministers of Finance, Planning, and Economic Development (COM58). The summit, themed “Growth through Innovation: Harnessing Data and Advanced Technologies for Africa’s Economic Transformation, “focused on leveraging high-tech solutions to address budgetary constraints across the continent.
Mohamed Tarik Bashir, Acting Director of the Treasury and External Finance, represented the Minister of Economy and Finance and participated in discussions emphasizing the role of technology in national sovereignty and economic competitiveness. Bashir highlighted the rapid advancements in Artificial Intelligence (AI), big data, and green technologies as key drivers for Africa’s strategic sectors.
Over the past five years, Morocco has notably increased its tax revenue through the strategic use of technology, enhancing its fiscal space amidst global economic challenges. Bashir also stressed the importance of Morocco’s digital strategy, which aims to bridge financial inclusion gaps for the unbanked and the African diaspora community.
The COM58 summit in Tangier is expected to produce a Ministerial Declaration Roadmap, urging African states to prioritize digital infrastructure and foster innovation-led growth. Paragraph not provided in source material.
Source: moroccoworldnews
