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Articles

Morocco’s southward investment push a win for Africa Original

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By Olivier Monnier, OCP Group, Ciments de l’Afrique
| How We Made It In Africa
Published by Olivier Monnier on 3 June 2024 By Olivier Monnier This article was first published by the International Finance Corporation. Moroccan investment in Africa has risen sharply over the past two decades, laying the groundwork for increased trans-regional commerce. In 2020, Morocco’s third-largest bank, BMCE, decided to change its name to Bank of Africa, matching that of the sub-Saharan African subsidiary it acquired 15 years earlier.
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