BDEAC strengthens collaboration with African Solidarity Fund

A delegation from the Central African States Development Bank (BDEAC), the financial institution led by the Equatoguinean Fortunato Ofa Mbo Nchama, led by its Vice-President, Marcel Ondele, recently visited Niamey, the capital of Niger, with the aim of strengthening the axes of cooperation with the African Solidarity Fund (FSA).

During the work, the BDEAC Vice-President and the Director General of the FSA restated the need and desire to strengthen the relation between the two institutions in order to support the development of their member countries, while examining a cooperation framework project with a view to signing in the near future.

The BDEAC aims to extend its financial activities for the benefit of promoters in its areas of intervention, and work to strengthen the interests of its six member countries.

The BEAC has more structured risk distribution mechanisms which allow for improved interventions in favour of the economic operators, particularly the SMEs / SMIs at the centre of the 2017-2022 Strategic Plan.

Source: Equatorial Guinea Press and Information Office

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