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News 16 Jun 2014 2 min read

Rabat hosts the first edition of the "China-Africa Investment meetings"

Rabat hosts the first edition of the "China-Africa Investment meetings"

The first edition of the B to B meetings on the theme of partnership "China Africa Investments Meetings" will be held on June 24 and 25 in Rabat, with the participation of more than 250 investors and business leaders from Morocco, China, and sub-Saharan Africa, reports the MAP. Organized by BMCE Bank and its subsidiary Bank of Africa, in collaboration with the China Africa Joint Chamber of Commerce and Industry (CAJCCI), this meeting will allow participants to exchange and seal partnerships in various sectors of common interest, notably automotive, agriculture, renewable energies, tourism, logistics, and infrastructure. During these days, focused on two themes, "Building an equi-profitable China-Africa partnership" and "Investing in Africa: feedback", a dedicated space will be specially arranged for B to B meetings in which a hundred companies from China and the African continent will participate, specifies a statement from BMCE Bank. The latter, present for more than a decade in the People's Republic of China through its representative office in Beijing, was the first Moroccan bank to settle in Asia, with the main mission of facilitating relations with Chinese companies and investors. Also present in sub-Saharan Africa for more than 25 years, the bank has strengthened its network there through the acquisition of Bank Of Africa in 2008. The strategic choice of the Moroccan banking group to densify its presence in Africa stems from its desire to further highlight the exceptional growth potential that this continent holds. Through the initiative of this high-level meeting, the BMCE Bank Group also intends to emphasize that Morocco represents a natural "bridge" and an appropriate platform for the intensification of investment and trade relations between China and the African continent.

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