UK'S CDC GROUP INJECTS $200 MILLION INTO BMCE BANK OF AFRICA CAPITAL

Rabat – UK's development finance institution CDC Group will acquire an equity stake of 5% in BMCE Bank of Africa through a primary capital injection of $200 million. The two groups announced the investment in a press release. According to the press release, CDC's investment will help accelerate BMCE's expansion across Africa while also allowing […] The post UK's CDC Group Injects $200 Million into BMCE Bank of Africa Capital appeared...

MoroccoWorldNews.com (Date:06/20/2019 17:01) Read full article >>

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Morocco: Morocco Berber: or ), officially the Kingdom of Morocco, is the most westerly of the North African countries. It is one of three countries to have both Atlantic and Mediterranean coastlines, and it also has a rugged mountain interior. The Arabic name al-Mamlakah al-Maribiyah , which translates t
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World: World is a common name for the whole of human civilization, specifically human experience, history, or the human condition in general, worldwide, i.e. anywhere on Earth.
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Africa: Africa is the world's second-largest and second-most-populous continent. At about 30.2 million km including adjacent islands, it covers six percent of the Earth's total surface area and 20.4 percent of the total land area. With 1.0 billion people , it accounts for about 15 of the world's human popu