The memorandum was signed on behalf of the Kingdom by president of the Rabat-Salé-Kenitra Regional Council, Rachid El Abdi, and the heads of 12 African regions representing countries from the continent taking part in the forum, namely Burkina Faso, Cameroon, Gabon, Guinea Conakry and Kenya, Mali, the Islamic Republic of Mauritania, Nigeria, the Democratic Republic of Congo, Rwanda, Senegal and the Union of the Comoros.

According to the document, the African Regions Network for Investment and Development is intended as a framework for partnership and exchange that will strengthen cooperation between regions, stimulate investment and facilitate the exchange of expertise to help promote development.

The seven-article network is part of these countries' efforts to strengthen South-South partnership mechanisms and intensify social, economic and cultural ties between African countries and their populations.