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CEMAC: Bdeac and Attijariwafa commit to speed up the financing of structuring projects

CEMAC: Bdeac and Attijariwafa commit to speed up the financing of structuring projects
  • Comments   -   Friday, 09 November 2018 15:59

(Business in Cameroon) - CEMAC countries (Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon) will benefit from the support of the Development Bank of Central African States (Bdeac) and Attijariwafa for structuring projects.

Last October 29, the President of Bdeac, Fortunato-Ofa Mbo Nchama, and the President of Attijariwafa Bank Group, Mohamed El Kettani, signed a partnership agreement in Morocco with the view to pull efforts together to this end.

Through this protocol, official sources indicate, the two institutions agree to cooperate in areas including mobilizing long-term financial resources on the international financial market, sharing information on financing opportunities, co-arranging and structuring projects, technical assistance and capacity building, etc.

Attijariwafa Bank is committed to actively supporting its financial partner as a leading arranger, lender, and credit and collateral agent for several major projects in various sectors (infrastructure, energy, industry and telecommunications).

S.A

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