In order to promote private sector financing and boost trade in Africa, the African Development Bank (BAD) and the Central Popular Bank (BCP) have signed a 70 million US dollars risk sharing agreement (APR).

The risk-sharing agreement signed between the AfDB and the BCP will promote private sector financing and boost trade in Africa. The agreement will also further consolidate the BCP Group's commitment to financing trade transactions in Africa. It will offer it the opportunity to further support its customers and strengthen its relationships with local African banks, which are increasingly facing a decrease in financing lines and confirmation with their foreign correspondents.

According to the Bank's country manager for Morocco, Achraf Tarsim, “this partnership with BCP includes objectives of diversifying Morocco's production capacity, strengthening its competitiveness, and creating additional tax revenues, while generating new employment opportunities.”