On 29th October, in Casablanca, Morocco, the President of the Central Africa Development bank (BDEAC), Fortunato Ofa Mbo Nchama, and the President of the Attijariwafa Bank Group, Mohamed El Kettani, signed a protocol of association which aims at combining their energies to accelerate the financing of CEMAC structural projects.
Through this protocol, the two institutions agreed to cooperate in areas such as the long-term mobilisation of financial resources on the international financial markets; the exchange of information on financing opportunities; the conclusion and structuring of projects; and technical assistance and the development of capacities, among others.
This protocol, in addition to strengthening the association between the two, also promotes South-South cooperation, which has intensified in recent years, with the addition of the Kingdom of Morocco on 21st June 2017 in the capital of BDEAC.
The Attijariwafa bank is a pan-African banking and finance group that actively participates in the support of economic operators, both in national and international markets. As a result, it is benefiting from huge experience in the negotiation of finance and investment; in addition to providing active support as an organising leader, loaner, and agent of credit and security in various important projects in a variety of sectors such as infrastructure, energy, industry and telecommunications.
Source: Equatorial Guinea Press and Information Office