AFC, BCP sign collaboration agreement


Issue 336 - 08 Dec 2016 | 1 minute read

Africa Finance Corporation (AFC) has signed a memorandum of understanding with Morocco’s Banque Centrale Populaire (BCP) to increase collaboration on financing infrastructure projects in north and sub-Saharan Africa. AFC finances and develops infrastructure projects across the continent. In 2012, the corporation financed the purchase of crude oil for Moroccan refiner Société Anonyme Marocaine de l’Industrie du Raffinage in an effort to develop the country’s downstream industry.

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