00:00So talk to us about these new cooperation agreements, how meaningful actually are they?
00:05Well, I mean, many of the agreements are MOUs and partnerships.
00:10With no real concrete details, timelines or any funding amounts.
00:15So the immediate economic impact is limited.
00:20You cover important sectors for Senegal, such as energy, infrastructure, transport.
00:25Agriculture, and, of course, cooperation on ports and highway can potentially improve
00:30trade.
00:31Morocco is already a major investor and trade partner.
00:35To Senegal in banking, insurance, and energy.
00:38So likely these new agreements.
00:40This will build on real ongoing economic ties.
00:43But, of course, the real...
00:45Impact depends on the implementation.
00:48Yeah, absolutely.
00:49As with...
00:50Is Morocco a key partner for Senegal right now?
00:55They are.
00:57Trade has been quadrupled.
01:00Between 2014 and 2024, Moroccan companies.
01:05Play a major role in Senegal's banking and insurance sectors.
01:10The local affiliates of Tijerawafa Bank and BMCA Group are...
01:15Among Senegal's largest lenders by asset.
01:18There's also the Moroccan...
01:20Tijerawafa Bank and BMCA Group, one of the world's largest phosphate and fertilized producers
01:23that are a key investor...
01:25In Senegalese agriculture.
01:27And, dsteel comes as Senegal aims to...
01:30sa partenariat avec l'Afrique,
01:32de changer de partenariat
01:34avec les partenaires traditionnelles.
01:35Donc, absolument,
01:38Morocco est...
01:40Sous-titrage Société Radio-Canada
01:45...
01:50impact on the continent
01:51so yes on both ends
01:53this could be lucrative
01:55partnership
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