October 22nd, Africa Investment Meeting (AIM), hosted by China-Africa Business Council, Investment and Export Development Agency of Morocco as well as WINVESTNET, was held in Beijing, aiming to build a platform to boost investment cooperation between China and Africa. Over 80 corporations and agencies as well as over 150 people attended the meeting.
Aziz Mekouar, Morocco ambassador to China, made a speech showing that there are more and more valuable chances for Chinese investors to invest in African countries, as Africa is becoming increasingly stable and safe. Dai Quanhe, Vice Chairman of CABC, also pointed out that China-Africa cooperation has progressed into a new stage and manufacturing industry has become the new key point of China-Africa economic bond.
During the meeting, CABC signed agreement with UNFPA and Delson Law Firm.
In addition, representatives of corporations attending the meeting introduced investment projects and met with strategic cooperative partners. Officials from embassies to China, of Morocco, Ghana, Madagascar, Ethiopia, The Democratic Republic of the Congo and Mauritius respectively introduced investment advantages and chances of such countries.
Moreover, technological corporations from China and Africa discussed on how new technology would influence Africa development, especially the plan of “smart city”.
AIM was held in both Beijing and Shanghai in September, 2018, releasing over 600 programs. This series of meetings were also held in Rabat, Morocco and Washington D.C., the USA, respectively in April and October of 2019. AIM has gaining increasingly stronger influence.