"Morocco is undeniably an African model in its journey toward building a robust, modern, and efficient capital market to fully play its role as a powerful lever for financing the economy," said Touimi during a Capital Market side event as part of the Africa Financial Summit (AFIS-2024).

The development strategies, driven by a clear vision of public authorities in partnership with ecosystem operators, chart ambitious prospects for strengthening the Kingdom's position on the regional and international financial stage, he highlighted.

Additionally, Touimi emphasized the progress made by the Casablanca Stock Exchange in modernizing its infrastructure and diversifying its services.

In this context, he mentioned initiatives such as the launch of the alternative market for SMEs and the adoption of advanced technological solutions inspired by international best practices.

He further noted that these reforms are accompanied by a strong commitment to training, with targeted educational programs and strategic partnerships at the African level.

With the launch of the futures market, Morocco reinforces its ambition to become a key player in African financial markets and to support economic development, he stressed.

This AFIS edition, held for the first time on Moroccan soil, brings together leaders from the private sector and government representatives to discuss strategies enabling African finance to become a driver of development, economic growth, and resilience.