The African diaspora, a considerable contribution to the national economies of the continent

The African diaspora is a considerable contribution to the national economies of the continent, underlined Thursday the Minister of Foreign Affairs, African Cooperation and Moroccans residing abroad, Nasser Bourita. “The African diaspora is also a considerable contribution to African national economies.

It is the agent of an economic mission with a dual vocation: investment and co-development, ”said Nasser Bourita during a virtual consultation, consultation and exchange meeting with a view to preparing the implementation. place of the High Committee of the Decade of African Roots and Diasporas.

The diaspora is one of the main sources of financing on the continent, if not the first, he recalled, noting that remittances from the diaspora represent more than three times the levels of official development assistance and direct investments abroad to sub-Saharan Africa.

These transfers have also defied predictions by remarkably resisting the economic effects of the pandemic with, in general, a smaller decline than expected in Africa, he continued noting that these transfers even increased in 2020 in many countries. . “With 150 million souls around the world, the African diaspora is first and foremost an opportunity for the continent. It is cemented around a feeling of cultural and human belonging and brings an addition to the African identity, which it shines in the societies in which it operates, ”indicated the Minister.

It is, therefore, a bridge with other continents and cultures, so much so that it is called the “6th sub-region” of the continent: a region where the “territory of life” joins the “territory of origin. », Noted Nasser Bourita noting that African migrants are often considered as vulnerable people, victims of all kinds of discrimination. However, the minister affirms that these difficulties did not prevent the multiplication of “success stories” of African figures who, everywhere in the world, have imposed themselves, in the various fields, in particular the economy, the policy, the sciences and. Culture.

But, if his contribution is essential, Nasser Bourita lets it be known that the diaspora also expresses the desire to be accompanied. However, Africa has many efforts to make in this regard since only 10% of remittances are invested in projects or savings products in Africa, he said.

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Beyond the financial aspect, “we have the responsibility to create the framework conducive to a return of skills and a better redistribution to the territory of origin”, he underlined, calling for increased visibility to this diaspora by integrating it politically, administratively, mediatically and culturally. “This is the meaning of our commitment in Morocco,” he said.

Morocco has more than 5 million fellow citizens living abroad, present in 100 countries, on five continents and for whom their link with the mother country has never weakened, he assured, highlighting the High Solicitude with which King Mohammed VI surrounds the Moroccan community residing abroad considered as “a major asset for the new Morocco, at the forefront of the actors”. Nasser Bourita expressed his satisfaction at the convergence of Togo’s initiative with the Enlightened Vision of King Mohammed VI.

This Royal Vision is faithfully carried by the African Agenda for Migration, presented by the Sovereign at the 30th Summit of the African Union (AU), in His capacity as Leader of Africa for Migration, he said. he recalled, noting that the issue of African diasporas constitutes a fundamental element of the migration-development nexus which is at the heart of this Agenda.

In this wake, he noted that Morocco has ensured that the Global Pact for Safe, Orderly and Regular Migration, adopted in Marrakech in 2018, duly takes into account the important contribution of the diasporas in the development of countries to the both origin and destination. Indeed, the Marrakesh Pact established, for the first time, a methodology for qualitative cooperation between countries of origin and destination, with a view to responsible and coordinated migration governance, he noted.

The coherence between the continental and global positions of Morocco, stems from a constant policy of the Kingdom in the matter which is reflected in two fundamental national strategies, both in convergence with the spirit of the initiative of Togo, has t -he reveals . A National Strategy for Immigration and Asylum, which strengthens the objectives of economic, social, cultural and political integration of African migrants in Morocco and a National Strategy for Moroccans Residing Abroad, which further consolidates family ties and humans of Morocco with Moroccans of the World, explained Mr. Bourita. These two strategies are supported by institutions dedicated to meeting the expectations of Moroccans around the world, in particular the Ministry of Foreign Affairs and African Cooperation and Moroccans Living Abroad, whose mandate has been broadened and refocused on Moroccans Residing Abroad as well as the Council of the Moroccan Community Abroad which is a constitutional body, he continued.

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Likewise, the strategic interest that the Kingdom grants to Moroccans around the world is illustrated once again by the importance accorded to them in the report on the New Development Model, which was recently submitted to His Majesty on King and in which they are considered a real lever for development, and whose potential remains largely untapped, underlined the Minister. It is on the strength of its experience and this spirit of sharing and emulation that Morocco expresses here its wish to be part of the High Committee which will be established at the end of this meeting, declared the minister, expressing the Kingdom’s hope to actively join and contribute to initiating concrete projects and actions, to promote the role of people of African roots and of the African diaspora in the development of our continent.

As part of this exchange of views on the work of the High Committee, the Minister shared some elements that should feed Morocco’s roadmap to make our diasporas powerful factors of development. “We must, in this regard, support a significant reduction in transaction costs linked to remittances, a considerable shortfall,” he said, adding that these costs must imperatively be reduced to 3%, to meet Aspiration 2 of the AU Agenda 2063 and achieve Goal 10 of the 2030 Sustainable Development Goals.

It is also necessary to share the “success stories” which make it possible to channel the financial flows of the diasporas towards the formal economy, to be forward-looking and to call on expertise to develop innovative models of financial involvement as well as to ensure that we share our experiences on “Repats”, those people of the diaspora or of African descent who wish to make their return project a reality.

“We must also encourage and support the initiatives of the diasporas to constitute forces of proposal capable of carrying the voice of Africa in the host countries, but also in the UN bodies as well as to encourage each country to develop a system of mapping of its skills abroad, to optimize its involvement in development, ”he noted, stressing Morocco’s willingness to share its experience of more than a decade with fellow African countries.

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